Plan Ledger DOL Form 5500 · updated monthly

The Csi Companies, Inc.401(k)

THE CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.96%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

The Csi Companies, Inc. reported $218,212 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $327 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.49% to 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 957th-largest of 3,644 plans among Florida employers on file, and the 521st of 2,534 in administrative & support services. In 2024, employees put in $8.14 for every $1.00 the employer contributed; active participation has shrunk from 3,310 to 1,959 since 2022.

Plan summary
Net assets, end of year$24,621,052
Participants with balances3,565
Active participants1,959
Employer contributions$640,219
Employee contributions$5,208,593
Employer contribution per active participant$327
Average account balance$6,906
Benefits paid to participants$5,406,048
Plan auditUnmodified (clean) audit opinion
AuditorENNIS, PELLUM, & ASSOCIATES, PA
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 3,565 accts · $640K emplr
2023$20.9M · 1,798 accts · $386K emplr
2022$17.0M · 804 accts · $722K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$218,212
Total administrative$218,212
The The Csi Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$327
Median for plans this size$2,416
2024$327 per active participant
2023$180 per active participant
2022$218 per active participant

The Csi Companies, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$134,575
PENSION SOLUTIONS, INC · Contract administrator · Other services$83,637
MAI CAPITAL MANAGEMENT, LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$218,212 · 0.96%
2023$100,340 · 0.53%
2022$83,278 · 0.49%
Same employer
Similar plansAdministrative & Support Services · Florida
Vision HR II, Inc FL$27.1M · 0.72%
PSC Custom LP FL$22.1M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593270426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.