Acrisure Mortgage LLC 401(k) Review & Grade
Acrisure Mortgage LLC 401(k) Profit Sharing Plan
Orlando, FLFinance & Insurance724 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,826Employer $ per active participant
$6,366Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$53.0MNet plan assets, end of year
$91,509Average balance per account
Score breakdown
- Employer generosity9.4 / 5019th percentile for employer $ per participant
- Low cost8.6 / 2535th percentile for low admin cost vs. same-size plans
- Employee saving6.1 / 1541th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score24 / 100 · Grade F
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 19th |
| Lower admin cost | 35th |
| Employee saving | 41th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Corrective distributions: the plan refunded $4,473 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Acrisure Mortgage put in about $1,826 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.36% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,322,577 |
| Participant (employee) contributions | $4,612,429 |
| Other contributions (incl. rollovers in) | $255,460 |
| Administrative expenses paid from the plan | $185,130 |
| Investment advisory & management fees | $118,942 |
| Benefits paid out | $5,619,382 |
| Net assets, start / end of year | $51.0M / $53.0M |
| Active participants, start / end of year | 697 / 752 |
| Participants with account balances | 579 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Richey, May & Co, LLP |
Largest service providers (Schedule C)
| Onedigital Investment Advisors LLC | $118,942 reported compensation |
| Empower Annuity Insurance Company O | $66,188 reported compensation |
| Empower Financial Services, Inc. | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250930151013NAL0013419456001, received 2025-09-30, EIN 20-3702275, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.