Plan Ledger DOL Form 5500 · updated monthly

Valet Living,Llc401(k)

VALET LIVING, LLC 401(K) PROFIT SHARING PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Valet Living,Llc reported $135,499 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $376 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 fell from 0.59% to 0.46%. 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 762nd-largest of 3,644 plans among Florida employers on file, and the 429th of 2,534 in administrative & support services. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has grown from 5,256 to 6,121 since 2022.

Plan summary
Net assets, end of year$32,466,236
Participants with balances1,378
Active participants6,121
Employer contributions$2,303,619
Employee contributions$4,038,931
Employer contribution per active participant$376
Average account balance$23,560
Benefits paid to participants$3,850,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 1,378 accts · $2.3M emplr
2023$26.3M · 1,093 accts · $598 emplr
2022$23.1M · 1,209 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$133,681
Investment management$1,818
Total administrative$135,499
The Valet Living,Llc 401(k) match · 2024
Employer contribution per active participant$376
Median for plans this size$2,416
2024$376 per active participant
2023$0 per active participant
2022$385 per active participant

Valet Living,Llc'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 · 20242
EMPOWER ANNUITY INS CO OF AMERICA · Investment management$124,566
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$30,779

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$135,499 · 0.46%
2023$115,971 · 0.47%
2022$138,115 · 0.59%
Same employer
Similar plansAdministrative & Support Services · Florida
Hays U.S. Corporation FL$36.2M · 0.43%
Sidecar HR LLC FL$35.6M · 0.75%
Travelopia USA, Inc. FL$31.8M · 0.54%
Harvard Maintenance, Inc. FL$29.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204186236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.