Plan Ledger DOL Form 5500 · updated monthly

Ventura Services Fl LLC401(k)

VENTURA SERVICES FL LLC 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

Ventura Services Fl LLC reported $61,032 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $17 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 3 years on file its reported administrative ratio has held roughly steady near 1.605%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,589th of 3,644), and 8,214th of 11,911 in health care & social assistance. In 2024, employees put in $19.59 for every $1.00 the employer contributed; active participation has grown from 2,246 to 3,411 since 2022.

Plan summary
Net assets, end of year$4,507,467
Participants with balances361
Active participants3,411
Employer contributions$58,843
Employee contributions$1,152,961
Employer contribution per active participant$17
Average account balance$12,486
Benefits paid to participants$349,542
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 361 accts · $59K emplr
2023$3.1M · 279 accts · $30K emplr
2022$2.0M · 242 accts · $13K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,032
Total administrative$61,032
The Ventura Services Fl LLC 401(k) match · 2024
Employer contribution per active participant$17
Median for plans this size$1,313
2024$17 per active participant
2023$12 per active participant
2022$6 per active participant

Ventura Services Fl LLC'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$61,031
AMERIPRISE FINANCIAL SERVICES INC · Other servicesindirect comp

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$61,032 · 1.61%
2023$39,477 · 1.54%
2022$16,259 · 1.61%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 841891690 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.