Plan Ledger DOL Form 5500 · updated monthly

Boys & Girls Clubs of Central Florida401(k)

BOYS & GIRLS CLUBS OF CENTRAL FLORIDA, INC. 401(K) PROFIT SHARING PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Boys & Girls Clubs of Central Florida reported $47,871 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $4,231 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 fell from 1.01% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,109th of 3,644), and 1,964th of 3,341 in other services. In 2024, the employer put in $2.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,338,757
Participants with balances273
Active participants129
Employer contributions$545,811
Employee contributions$248,329
Employer contribution per active participant$4,231
Average account balance$26,882
Benefits paid to participants$731,167
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 273 accts · $546K emplr
2023$6.4M · 221 accts · $458K emplr
2022$6.8M · 209 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,871
Total administrative$47,871
The Boys & Girls Clubs of Central Florida 401(k) match · 2024
Employer contribution per active participant$4,231
Median for plans this size$1,313
2024$4,231 per active participant
2023$3,115 per active participant
2022$3,343 per active participant

Boys & Girls Clubs of Central Florida's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
ADP, INC. · Recordkeeping$1,950
JOHN HANCOCK USA · Recordkeeping$1,300
RAYMOND JAMES FSA INC · Investment advisory (participants)$18,172

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, John Hancock
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Boys & Girls Clubs of Central Florida before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,871 · 0.70%
2023$58,208 · 0.88%
2022$73,855 · 1.01%
Similar plansOther Services · Florida
Step Up Suncoast, Inc. FL$7.5M · 0.67%
Lift Power, Inc. FL$7.1M · 0.49%
Lee & Cates Glass, Inc. FL$7.0M · 0.60%
Paycargo LLC FL$6.7M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590951887 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.