Plan Ledger DOL Form 5500 · updated monthly

Broward Partnership for the Homeless403(b)

BROWARD PARTNERSHIP FOR THE HOMELESS, INC. RETIREMENT PLAN · FORT LAUDERDALE, 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

Broward Partnership for the Homeless reported $25,239 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,741 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 0.74% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,732nd of 3,644), and 8,679th of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,818,009
Participants with balances99
Active participants70
Employer contributions$121,883
Employee contributions$243,773
Employer contribution per active participant$1,741
Average account balance$38,566
Benefits paid to participants$275,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 99 accts · $122K emplr
2023$3.4M · 131 accts · $111K emplr
2022$2.7M · 125 accts · $96K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,239
Total administrative$25,239
Employer contributions to the Broward Partnership for the Homeless plan · 2024
Employer contribution per active participant$1,741
Median for plans this size$1,313
2024$1,741 per active participant
2023$1,338 per active participant
2022$1,411 per active participant

Broward Partnership for the Homeless's 2024 employer contribution ran above the $1,313 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 · 20244
ADMIN PARTNERS LLC · Contract administrator$2,852
EMPOWER ADVISORY GROUP LLC · Investment management$800
AMERIPRISE FINANCIAL SERVICES LLCindirect comp

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$25,239 · 0.70%
2023$20,961 · 0.69%
2022$19,255 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Doctors Memorial Hospital FL$3.8M · 0.56%
Daniel Memorial, Inc. FL$3.7M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650777033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.