Plan Ledger DOL Form 5500 · updated monthly

Agape Network, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF AGAPE NETWORK, INC. · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Agape Network, Inc. reported $1,283 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $762 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 0.02% to 0.06%. 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 (3,041st of 3,644), and 9,810th of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 202 to 244 since 2022.

Plan summary
Net assets, end of year$2,291,704
Participants with balances167
Active participants244
Employer contributions$186,029
Employee contributions$283,847
Employer contribution per active participant$762
Average account balance$13,723
Benefits paid to participants$277,655
Plan auditUnmodified (clean) audit opinion
AuditorTHOMAS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 167 accts · $186K emplr
2023$1.9M · 166 accts · $167K emplr
2022$1.4M · 151 accts · $156K emplr
The Agape Network, Inc. 401(k) match · 2024
Employer contribution per active participant$762
Median for plans this size$1,313
2024$762 per active participant
2023$669 per active participant
2022$773 per active participant

Agape Network, Inc.'s 2024 employer contribution ran below 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,032

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,283 · 0.06%
2023$1,392 · 0.08%
2022$198 · 0.02%
Similar plansHealth Care & Social Assistance · Florida
Aeigis Medical Group FL$2.4M · 0.72%
Broward House, Inc. FL$2.2M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592471230 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.