Plan Ledger DOL Form 5500 · updated monthly

Care Resource Community Health Center Inc.401(k)

CARE RESOURCE COMMUNITY HEALTH CENTERS, INC. & RELATED EMPLOYERS · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Care Resource Community Health Center Inc. reported $66,120 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,526 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 0.20% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,051st-largest of 3,644 plans among Florida employers on file, and the 988th of 3,341 in other services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 355 to 402 since 2022.

Plan summary
Net assets, end of year$21,865,453
Participants with balances503
Active participants402
Employer contributions$1,015,426
Employee contributions$1,645,223
Employer contribution per active participant$2,526
Average account balance$43,470
Benefits paid to participants$2,451,143
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.9M · 503 accts · $1.0M emplr
2023$19.1M · 457 accts · $939K emplr
2022$15.1M · 408 accts · $918K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,426
Investment management$4,694
Total administrative$66,120
The Care Resource Community Health Center Inc. 401(k) match · 2024
Employer contribution per active participant$2,526
Median for plans this size$2,416
2024$2,526 per active participant
2023$2,413 per active participant
2022$2,585 per active participant

Care Resource Community Health Center Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$66,120

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$66,120 · 0.32%
2023$32,509 · 0.19%
2022$26,976 · 0.20%
Same employer
Similar plansOther Services · Florida
Cosmo International Corp FL$22.8M · 0.19%
Terran Orbital Corporation FL$22.2M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592564198 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.