Plan Ledger DOL Form 5500 · updated monthly

Alaka'Ina Foundation401(k)

ALAKA'INA FOUNDATION 401(K) SAVINGS PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Alaka'Ina Foundation reported $406,918 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,372 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 3 years on file its reported administrative ratio has held roughly steady near 0.45%. 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 324th-largest of 3,644 plans among Florida employers on file, and the 1,521st of 11,654 in professional & technical services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,216,869
Participants with balances2,043
Active participants1,471
Employer contributions$4,960,259
Employee contributions$8,908,088
Employer contribution per active participant$3,372
Average account balance$48,564
Benefits paid to participants$12,525,844
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH & BROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$99.2M · 2,043 accts · $5.0M emplr
2023$83.2M · 1,998 accts · $4.7M emplr
2022$64.3M · 1,811 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$309,540
Investment management$97,378
Total administrative$406,918
The Alaka'Ina Foundation 401(k) match · 2024
Employer contribution per active participant$3,372
Median for plans this size$3,635
2024$3,372 per active participant
2023$3,230 per active participant
2022$2,719 per active participant

Alaka'Ina Foundation's 2024 employer contribution ran below the $3,635 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$213,891
MERRILL LYNCH · Insurance broker · Insurance services$97,378

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$406,918 · 0.45%
2023$345,942 · 0.47%
2022$298,913 · 0.43%
Same employer
Similar plansProfessional & Technical Services · Florida
Greenway Health, LLC FL$106.0M · 0.15%
Qualus Corp FL$96.1M · 0.49%
First Federal Bank FL$92.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450538257 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.