Plan Ledger DOL Form 5500 · updated monthly

The Keyes Company401(k)

THE KEYES COMPANY 401(K) PROFIT SHARING PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

The Keyes Company reported $52,727 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $492 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 0.51% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,063rd of 3,644), and 1,279th of 2,096 in real estate & leasing. In 2024, employees put in $6.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,692,625
Participants with balances140
Active participants175
Employer contributions$86,100
Employee contributions$594,945
Employer contribution per active participant$492
Average account balance$54,947
Benefits paid to participants$1,494,914
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 140 accts · $86K emplr
2023$7.6M · 146 accts · $91K emplr
2022$6.5M · 143 accts · $99K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,512
Investment management$5,061
Total administrative$52,727
The The Keyes Company 401(k) match · 2024
Employer contribution per active participant$492
Median for plans this size$1,313
2024$492 per active participant
2023$455 per active participant
2022$567 per active participant

The Keyes Company's 2024 employer contribution ran below the $1,313 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 · 20242
PROVENANCE WEALTH ADVISORS, LLC · Investment advisory (participants)$30,821

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

Recordkeeper by year2
2024John Hancock
2023INGHAM & COMPANY, John Hancock

This plan has changed recordkeepers within these filings. If you left The Keyes Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,727 · 0.69%
2023$36,625 · 0.52%
2022$37,142 · 0.51%
Similar plansReal Estate & Leasing · Florida
Torwest, Inc. FL$8.6M · 0.32%
Carter Funds LLC FL$7.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590897518 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.