Plan Ledger DOL Form 5500 · updated monthly

Council on Aging of Volusia County, Inc.403(b)

COUNCIL ON AGING OF VOLUSIA COUNTY, INC. 403(B) PLAN · DAYTONA BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
1.27%

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

Council on Aging of Volusia County, Inc. reported $22,522 in plan administrative expenses for 2023: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $472 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 1 year on file its reported administrative ratio rose from 1.09% to 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,160th of 3,644), and 10,221st of 11,911 in health care & social assistance. In 2023, employees put in $2.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,801,170
Participants with balances80
Active participants106
Employer contributions$49,994
Employee contributions$133,996
Employer contribution per active participant$472
Average account balance$22,515
Benefits paid to participants$359,830
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 80 accts · $50K emplr
2022$1.8M · 106 accts · $33K emplr
Employer contributions to the Council on Aging of Volusia County, Inc. plan · 2023
Employer contribution per active participant$472
Median for plans this size$1,308
2023$472 per active participant
2022$349 per active participant

Council on Aging of Volusia County, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$10,718
WILSHIRE ASSOCIATES INC. · Named fiduciary$625

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

Administrative cost history2
2023$22,522 · 1.27%
2022$20,421 · 1.09%
Similar plansHealth Care & Social Assistance · Florida
Community Supports, Inc. FL$1.9M · 0.14%
St. Mark Village, Inc. FL$1.8M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591160221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.