Plan Ledger DOL Form 5500 · updated monthly

The Falcon Corporation401(k)

DCA PROFIT SHARING 401(K) PLAN · OCALA, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

The Falcon Corporation reported $57,826 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $690 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 0.43% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,819th-largest of 3,644 plans among Florida employers on file, and 2,972nd of 4,246 in wholesale trade. In 2024, employees put in $7.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,637,568
Participants with balances149
Active participants141
Employer contributions$97,315
Employee contributions$753,790
Employer contribution per active participant$690
Average account balance$64,682
Benefits paid to participants$1,192,208
Plan auditUnmodified (clean) audit opinion
AuditorDUGGAN JOINER AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 149 accts · $97K emplr
2023$8.8M · 156 accts · $100K emplr
2022$7.2M · 163 accts · $107K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,826
Total administrative$57,826
The The Falcon Corporation 401(k) match · 2024
Employer contribution per active participant$690
Median for plans this size$1,313
2024$690 per active participant
2023$691 per active participant
2022$700 per active participant

The Falcon Corporation's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20241
MERRILL LYNCH PIERCE FENNER SMITH · Investment advisory (plan)$37,284

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$57,826 · 0.63%
2023$48,067 · 0.60%
2022$32,037 · 0.43%
Similar plansWholesale Trade · Florida
Luxury Brand Partners LLC FL$10.1M · 0.04%
Travelpro Products, Inc. FL$9.8M · 0.05%
Busch-Transou, L.C. FL$9.3M · 0.49%
Mosaic Companies, LLC FL$8.9M · 0.12%
Century Arms, Inc. FL$8.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591705465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.