Plan Ledger DOL Form 5500 · updated monthly

Children & Families First Delaware, Inc.401(k)

CHILDREN & FAMILIES FIRST DELAWARE, INC 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Children & Families First Delaware, Inc. reported $50,660 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $746 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 0.79% to 0.71%. 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 Delaware (165th of 242), and 6,622nd of 11,911 in health care & social assistance. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 376 to 437 since 2022.

Plan summary
Net assets, end of year$7,596,498
Participants with balances418
Active participants437
Employer contributions$326,059
Employee contributions$749,306
Employer contribution per active participant$746
Average account balance$18,173
Benefits paid to participants$948,169
Plan auditUnmodified (clean) audit opinion
AuditorGUNNIP & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 418 accts · $326K emplr
2023$6.6M · 471 accts · $291K emplr
2022$5.9M · 457 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,908
Investment management$12,775
Total administrative$50,660
The Children & Families First Delaware, Inc. 401(k) match · 2024
Employer contribution per active participant$746
Median for plans this size$1,313
2024$746 per active participant
2023$751 per active participant
2022$708 per active participant

Children & Families First Delaware, Inc.'s 2024 employer contribution ran below 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 · 20243
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$18,908
JOHN HANCOCK LIFE INSURANCE · Recordkeeping$3,423
WILSHIRE ASSOCIATES · Named fiduciary$12,775

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

Recordkeeper by year2
2024John Hancock, Mutual of America
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Children & Families First Delaware, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,660 · 0.71%
2023$55,969 · 0.90%
2022$47,311 · 0.79%
Same employer
Similar plansHealth Care & Social Assistance · Delaware
Simon Eye Management LLC DE$9.9M · 0.41%
Mary Campbell Center DE$9.4M · 0.65%
Cerebral, Inc. DE$7.2M · 1.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510065731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.