Plan Ledger DOL Form 5500 · updated monthly

The Simplex Group, Inc.401(k)

REGIS HR GROUP 401(K) PLAN · MIAMI, FL · plan year 2025

Reported admin expense ratio · 2025
0.75%

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

The Simplex Group, Inc. reported $938,824 in plan administrative expenses for 2025: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,545 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 4 years on file its reported administrative ratio has held roughly steady near 0.75%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other professional & technical services employers. By assets it is the 246th-largest of 3,644 plans among Florida employers on file, and the 1,095th of 11,654 in professional & technical services. In 2025, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$141,355,051
Participants with balances3,002
Active participants3,996
Employer contributions$6,175,323
Employee contributions$13,228,078
Employer contribution per active participant$1,545
Average account balance$47,087
Benefits paid to participants$10,458,283
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA AND ALVAREZ, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$141.4M · 3,002 accts · $6.2M emplr
2024$107.8M · 2,418 accts · $5.1M emplr
2023$88.2M · 2,312 accts · $5.0M emplr
2022$75.1M · 2,844 accts · $4.9M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$535,395
Investment management$396,479
Audit (IQPA)$6,950
Total administrative$938,824
The The Simplex Group, Inc. 401(k) match · 2025
Employer contribution per active participant$1,545
Median for plans this size$4,093
2025$1,545 per active participant
2024$1,569 per active participant
2023$1,764 per active participant
2022$1,198 per active participant

The Simplex Group, Inc.'s 2025 employer contribution ran below the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
SLAVIC INTEGRATED ADMINISTRATION · Recordkeeping · Loan processing$535,395
5TH STREET ADVISORS, LLC · Investment advisory (plan)$396,479
VERDEJA AND ALVAREZ, LLP · Accounting / audit$6,950

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

Recordkeeper by year3
2025Slavic401k
2024Slavic401k
2023Slavic401k

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$938,824 · 0.75%
2024$753,981 · 0.77%
2023$722,102 · 0.88%
2022$575,647 · 0.78%
Same employer
Similar plansProfessional & Technical Services · Florida
Newfold Digital, Inc. FL$148.0M · 0.26%
The Hackett Group, Inc. FL$143.7M · 0.17%
Mainline Information Systems FL$123.7M · 0.12%
V P Holdings, Inc. FL$121.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651130355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.