Plan Ledger DOL Form 5500 · updated monthly

Broward House, Inc.401(k)

BROWARD HOUSE 401K PLAN · FORT LAUDERDALE, FL · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Broward House, Inc. reported $16,835 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,911 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 1 year on file its reported administrative ratio rose from 0.72% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,065th of 3,644), and 9,866th of 11,911 in health care & social assistance. In 2022, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,209,816
Participants with balances147
Active participants75
Employer contributions$143,358
Employee contributions$220,533
Employer contribution per active participant$1,911
Average account balance$15,033
Benefits paid to participants$186,376
Plan auditUnmodified (clean) audit opinion
AuditorKEEFE MCCULLOUGH CPAS AND ADVISORS
Plan history2
Yearassets · accounts · employer contribution
2023$638K · 61 accts
2022$2.2M · 147 accts · $143K emplr
The Broward House, Inc. 401(k) match · 2022
Employer contribution per active participant$1,911
Median for plans this size$1,114

Broward House, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$11,076 · 0.78%
2022$16,835 · 0.72%
Similar plansHealth Care & Social Assistance · Florida
Agape Network, Inc. FL$2.3M · 0.06%
Rehab Department, LLC FL$2.1M · 1.66%
Etairos Health, Inc. FL$2.1M · 0.59%
Richmond Health Care, Inc. FL$2.0M · 19.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592913416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.