Plan Ledger DOL Form 5500 · updated monthly

Cfs Management, LLC401(k)

US EYE 401(K) RETIREMENT SAVINGS PLAN · UNIVERSITY PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Cfs Management, LLC reported $189,710 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,849 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 0.36% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 647th-largest of 3,644 plans among Florida employers on file, and the 2,242nd of 11,911 in health care & social assistance. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has shrunk from 1,100 to 963 since 2022.

Plan summary
Net assets, end of year$39,859,275
Participants with balances663
Active participants963
Employer contributions$1,780,394
Employee contributions$3,722,989
Employer contribution per active participant$1,849
Average account balance$60,120
Benefits paid to participants$5,427,936
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.9M · 663 accts · $1.8M emplr
2023$34.7M · 672 accts · $1.8M emplr
2022$26.7M · 779 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,387
Investment management$80,068
Audit (IQPA)$17,255
Total administrative$189,710
The Cfs Management, LLC 401(k) match · 2024
Employer contribution per active participant$1,849
Median for plans this size$2,416
2024$1,849 per active participant
2023$1,901 per active participant
2022$1,568 per active participant

Cfs Management, LLC'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 · 20246
CECILCO · Investment management$58,634
MERRILL LYNCH PERCE FENNER & SMITH · Investment advisory (plan)$53,238
EMPOWER ADVISORY GROUP, LLC · Investment management$26,831
ASSURANCE DIMENSIONS · Accounting / audit$17,255
KB PENSION SERVICES, INC. · Contract administrator$5,829

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$189,710 · 0.51%
2023$131,594 · 0.43%
2022$94,995 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Westminster Services, Inc. FL$41.8M · 0.68%
Circles of Care, Inc. FL$40.7M · 0.03%
Lavie Holdco LLC FL$39.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834228141 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.