Plan Ledger DOL Form 5500 · updated monthly

Thomas Howell Ferguson, P.A.401(k)

THOMAS HOWELL FERGUSON, P.A. 401K PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Thomas Howell Ferguson, P.A. reported $114,748 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,556 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 0.24% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 948th-largest of 3,644 plans among Florida employers on file, and the 4,761st of 11,654 in professional & technical services. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 105 to 116 since 2022.

Plan summary
Net assets, end of year$24,973,272
Participants with balances0
Active participants116
Employer contributions$760,526
Employee contributions$979,512
Employer contribution per active participant$6,556
Average account balance—
Benefits paid to participants$1,256,076
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.0M · $761K emplr
2023$21.5M · 144 accts · $527K emplr
2022$16.0M · 138 accts · $764K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,248
Audit (IQPA)$13,500
Total administrative$114,748
The Thomas Howell Ferguson, P.A. 401(k) match · 2024
Employer contribution per active participant$6,556
Median for plans this size$2,416
2024$6,556 per active participant
2023$4,463 per active participant
2022$7,278 per active participant

Thomas Howell Ferguson, P.A.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20246
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$66,087
COULTER & JUSTUS, P.C. · Accounting / audit$13,500
TNB FINANICAL SERVICES · Investment advisory (plan)$11,862
TRUE NORTH ADVISORS · Investment advisory (plan)$9,801
STEELE CAPITAL MANAGEMENT INC. · Investment advisory (plan)$7,997
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$2,372

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
2023John Hancock

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

Administrative cost history3
2024$114,748 · 0.49%
2023$44,057 · 0.24%
2022$36,848 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Florida
HX5 Sierra, LLC FL$25.6M · 0.44%
Msl, P.A. FL$25.5M · 0.00%
Avcon, Inc. FL$25.0M · 0.29%
Paymaster, Inc. FL$24.7M · 0.86%
Eisman & Russo, Inc. FL$24.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593186310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.