Plan Ledger DOL Form 5500 · updated monthly

Xec, LLC401(k)

XEC, LLC 401K PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Xec, LLC reported $32,921 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $637 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 0.28% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,633rd-largest of 3,644 plans among Florida employers on file, and 2,733rd of 4,246 in wholesale trade. In 2024, employees put in $5.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,482,030
Participants with balances393
Active participants358
Employer contributions$228,187
Employee contributions$1,231,823
Employer contribution per active participant$637
Average account balance$29,216
Benefits paid to participants$1,578,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 393 accts · $228K emplr
2023$10.3M · 382 accts · $210K emplr
2022$8.6M · 477 accts · $204K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,474
Investment management$21,447
Total administrative$32,921
The Xec, LLC 401(k) match · 2024
Employer contribution per active participant$637
Median for plans this size$2,416
2024$637 per active participant
2023$598 per active participant
2022$608 per active participant

Xec, 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$21,447
ADP, INC. · Loan processing · Recordkeeping$11,474
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$32,921 · 0.30%
2023$34,308 · 0.36%
2022$26,032 · 0.28%
Same employer
Similar plansWholesale Trade · Florida
Pax Technology Inc FL$12.3M · 0.18%
Tropic Supply, Inc. FL$12.2M · 0.71%
First Nation Group LLC FL$11.4M · 0.02%
Aamp of Florida, Inc FL$11.3M · 0.60%
Wish Farms, Inc. FL$11.1M · 0.50%
AP4 Group LLC FL$11.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832480248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.