Plan Ledger DOL Form 5500 · updated monthly

Broward Children's Center, Inc.401(k)

BROWARD CHILDREN'S CENTER, INC. RETIREMENT PLAN · POMPANO BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
1.19%

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

Broward Children's Center, Inc. reported $42,423 in plan administrative expenses for 2023: 1.19% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.18%. 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 (2,760th of 3,644), and 8,801st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,648,588
Participants with balances152
Active participants208
Employer contributions$0
Employee contributions$245,656
Employer contribution per active participant$0
Average account balance$24,004
Benefits paid to participants$417,072
Plan auditUnmodified (clean) audit opinion
AuditorANTHONY BRUNSON P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M
2023$3.6M · 152 accts
2022$3.5M · 225 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,823
Investment management$19,600
Total administrative$42,423
The Broward Children's Center, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Broward Children's Center, 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 · 20233
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$18,718
EMPOWER ADVISORY GROUP, LLC · Investment management$882

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$42,205 · 1.18%
2023$42,423 · 1.19%
2022$39,659 · 1.16%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Family Resources, Inc. FL$3.6M · 0.89%
Tdn Aso, LLC FL$3.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591378244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.