Plan Ledger DOL Form 5500 · updated monthly

Children First, Inc.403(b)

CHILDREN FIRST, INC. RETIREMENT PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Children First, Inc. reported $25,683 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $2,607 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 0.00% to 0.29%. 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 (1,836th of 3,644), and the 5,859th of 11,911 in health care & social assistance. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves; active participation has grown from 173 to 191 since 2022.

Plan summary
Net assets, end of year$9,534,022
Participants with balances375
Active participants191
Employer contributions$497,941
Employee contributions$347,105
Employer contribution per active participant$2,607
Average account balance$25,424
Benefits paid to participants$471,247
Plan auditUnmodified (clean) audit opinion
AuditorPDR CPAS + ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 375 accts · $498K emplr
2023$8.2M · 366 accts · $458K emplr
2022$6.7M · 366 accts · $436K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,683
Total administrative$25,683
Employer contributions to the Children First, Inc. plan · 2024
Employer contribution per active participant$2,607
Median for plans this size$1,313
2024$2,607 per active participant
2023$2,825 per active participant
2022$2,519 per active participant

Children First, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,440
UBS FINANCIAL SERVICES INC · Investment advisory (plan)indirect comp
VARIABLE ANNUITY LIFE INS. COMPANYindirect 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$25,683 · 0.29%
2023$880 · 0.01%
2022$340 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Fyzical, LLC FL$9.7M · 0.76%
Combined Resources, LLC FL$9.6M · 0.07%
Emed LLC FL$9.6M · 0.23%
Family First Homecare FL$9.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590968249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.