Plan Ledger DOL Form 5500 · updated monthly

Arc Broward, Inc.403(b)

ARC/BARC 403(B) TAX DEFERRED ANNUITY PLAN · SUNRISE, FL · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Arc Broward, Inc. reported $530 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $322 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 0.01% to 0.31%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,332nd of 3,644), and 7,370th of 11,911 in health care & social assistance. In 2023, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,959,544
Participants with balances265
Active participants339
Employer contributions$109,276
Employee contributions$389,185
Employer contribution per active participant$322
Average account balance$22,489
Benefits paid to participants$1,176,896
Plan auditDisclaimer of opinion
AuditorBDO USA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 320 accts · $153K emplr
2023$6.0M · 265 accts · $109K emplr
2022$5.9M · 253 accts · $106K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$530
Total administrative$530
Employer contributions to the Arc Broward, Inc. plan · 2023
Employer contribution per active participant$322
Median for plans this size$1,308
2024$400 per active participant
2023$322 per active participant
2022$288 per active participant

Arc Broward, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
LINCOLN NATIONAL CORPORATION · Contract administrator$948

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$18,425 · 0.31%
2023$530 · 0.01%
2022$665 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Disc Village, Inc. FL$6.0M · 1.20%
Jewish Community Services FL$6.0M · 0.52%
Suncoast Skin Solutions FL$5.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590809623 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.