Plan Ledger DOL Form 5500 · updated monthly

Wicker, Smith, Ohara, McCoy & Ford, P.A.401(k)

WICKER SMITH 401(K) PLAN II · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Wicker, Smith, Ohara, McCoy & Ford, P.A. reported $122,251 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $6,703 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 0.16% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 397th-largest of 3,644 plans among Florida employers on file, and the 1,920th of 11,654 in professional & technical services. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 198 to 235 since 2022.

Plan summary
Net assets, end of year$75,740,853
Participants with balances340
Active participants235
Employer contributions$1,575,100
Employee contributions$1,834,875
Employer contribution per active participant$6,703
Average account balance$222,767
Benefits paid to participants$1,299,252
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.7M · 340 accts · $1.6M emplr
2023$64.3M · 329 accts · $1.4M emplr
2022$64.8M · 285 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,579
Investment management$80,632
Trustee / custodial$11,040
Total administrative$122,251
The Wicker, Smith, Ohara, McCoy & Ford, P.A. 401(k) match · 2024
Employer contribution per active participant$6,703
Median for plans this size$3,635
2024$6,703 per active participant
2023$7,022 per active participant
2022$7,442 per active participant

Wicker, Smith, Ohara, McCoy & Ford, P.A.'s 2024 employer contribution ran above the $3,635 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 · 20242
INGHAM & COMPANY · Contract administrator · Investment advisory (plan)$111,210
NATIONAL FINANCIAL SERVICES · Custodial (securities)$11,040

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$122,251 · 0.17%
2023$105,893 · 0.16%
2022$114,297 · 0.16%
All plans at this employer2
WICKER SMITH 401(K) PLAN I401(k)
WICKER SMITH 401(K) PLAN II401(k)
Same employer
Similar plansProfessional & Technical Services · Florida
Greenspoon Marder, LLP FL$89.2M · 0.12%
Mphasis Corporation FL$85.0M · 0.70%
Schellman Compliance, LLC FL$83.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650089075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.