Plan Ledger DOL Form 5500 · updated monthly

Campusworks Inc.401(k)

CAMPUSWORKS INC. 401(K) PROFIT SHARING PLAN · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Campusworks Inc. reported $83,278 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,226 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 0.37% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,561st-largest of 3,644 plans among Florida employers on file, and 7,318th of 11,654 in professional & technical services. In 2024, employees put in $4.10 for every $1.00 the employer contributed; active participation has grown from 158 to 210 since 2022.

Plan summary
Net assets, end of year$12,253,237
Participants with balances241
Active participants210
Employer contributions$467,523
Employee contributions$1,914,694
Employer contribution per active participant$2,226
Average account balance$50,843
Benefits paid to participants$2,770,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 241 accts · $468K emplr
2023$11.1M · 250 accts · $409K emplr
2022$7.9M · 178 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,278
Total administrative$83,278
The Campusworks Inc. 401(k) match · 2024
Employer contribution per active participant$2,226
Median for plans this size$2,416
2024$2,226 per active participant
2023$1,818 per active participant
2022$1,949 per active participant

Campusworks Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
ALERUS FINANCIAL, N. A. · Recordkeeping · Trustee$83,278

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alerus
2023Alerus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,278 · 0.71%
2023$28,683 · 0.30%
2022$31,215 · 0.37%
Same employer
Similar plansProfessional & Technical Services · Florida
Anthros, Inc. FL$12.6M · 0.99%
Itel Laboratories, Inc. FL$12.3M · 0.19%
Wwc Global LLC FL$12.2M · 0.72%
Precision Personnel Inc FL$12.2M · 0.28%
Enavate Holdings, LLC FL$12.1M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650878938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.