Plan Ledger DOL Form 5500 · updated monthly

White Space Design, Inc.401(k)

WHITE SPACE DESIGN 401(K) PLAN · PINELLAS PARK, FL · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

White Space Design, Inc. reported $16,689 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,465 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 1 year on file its reported administrative ratio rose from 0.89% to 1.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,254th of 3,644), and 11,090th of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,426,988
Participants with balances172
Active participants148
Employer contributions$216,803
Employee contributions$493,344
Employer contribution per active participant$1,465
Average account balance$8,296
Benefits paid to participants$47,874
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2025$0 · $56K emplr
2024$1.4M · 172 accts · $217K emplr
2023$650K · 137 accts · $176K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,196
Investment management$493
Total administrative$16,689
The White Space Design, Inc. 401(k) match · 2024
Employer contribution per active participant$1,465
Median for plans this size$1,313
2024$1,465 per active participant
2023$1,182 per active participant

White Space Design, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20243
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$9,406
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$6,790
RPA FINANCIAL LLC · Investment advisory (plan)$493

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history3
2025Not separately reported
2024$16,689 · 1.61%
2023$5,758 · 0.89%
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Source: U.S. Department of Labor, Form 5500 series, EIN 593616795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.