Plan Ledger DOL Form 5500 · updated monthly

Communities in Schools of Jacksonville, Inc.403(b)

COMMUNITIES IN SCHOOLS OF JACKSONVILLE, INC. TAX DEFERRED ANNUITY PLAN · JACKSONVILLE, FL · plan year 2020

Reported admin expense ratio · 2020
1.06%

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

Communities in Schools of Jacksonville, Inc. reported $18,992 in plan administrative expenses for 2020: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,728 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 9 years on file its reported administrative ratio rose from 0.39% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 294 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,114th of 3,644), and 2,862nd of 3,091 in educational services. In 2020, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,980,044
Participants with balances142
Active participants69
Employer contributions$119,235
Employee contributions$116,754
Employer contribution per active participant$1,728
Average account balance$13,944
Benefits paid to participants$80,358
Plan auditDisclaimer of opinion
AuditorHOWARD & COMPANY, CPAS, P.A.
Plan history9
Yearassets · accounts · employer contribution
2022$1.9M · 76 accts · $126K emplr
2020$2.0M · 142 accts · $119K emplr
2019$1.8M · $136K emplr
2018$1.4M · 120 accts · $115K emplr
2017$1.4M · 123 accts · $92K emplr
2016$1.3M · 128 accts · $99K emplr
2015$1.1M · 129 accts · $91K emplr
2014$989K · 135 accts · $104K emplr
2013$893K · 132 accts · $102K emplr
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$18,992
Total administrative$18,992
Employer contributions to the Communities in Schools of Jacksonville, Inc. plan · 2020
Employer contribution per active participant$1,728
Median for plans this size$893
2022$754 per active participant
2020$1,728 per active participant
2018$1,662 per active participant
2017$1,339 per active participant
2016$1,655 per active participant

Communities in Schools of Jacksonville, Inc.'s 2020 employer contribution ran above the $893 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history9
2022$20,400 · 1.13%
2020$18,992 · 1.06%
2019$7,453 · 0.46%
2018$3,274 · 0.23%
2017$4,250 · 0.32%
2016$3,889 · 0.33%
2015$4,354 · 0.42%
2014$3,846 · 0.41%
2013$3,669 · 0.39%
Similar plansEducational Services · Florida
Lake Mary Education LLC FL$2.1M · 0.47%
Kipp of Jacksonville FL$1.7M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593027895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.