Plan Ledger DOL Form 5500 · updated monthly

Drug Abuse Foundation 403(B) Plan403(b)

DRUG ABUSE FOUNDATION OF PALM BEACH COUNTY, INC. 403(B) PLAN · DELRAY BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
1.01%

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

Drug Abuse Foundation 403(B) Plan reported $32,422 in plan administrative expenses for 2022: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,022 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,890th of 3,644), and 9,273rd of 11,911 in health care & social assistance. In 2022, the employer put in $1.46 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,990,125
Participants with balances75
Active participants96
Employer contributions$98,124
Employee contributions$67,430
Employer contribution per active participant$1,022
Average account balance$39,868
Benefits paid to participants$113,687
Plan auditUnmodified (clean) audit opinion
AuditorLEONARDO & COMPANY
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,542
Investment management$30,880
Total administrative$32,422
The Drug Abuse Foundation 403(B) Plan 401(k) match · 2022
Employer contribution per active participant$1,022
Median for plans this size$1,114

Drug Abuse Foundation 403(B) Plan's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$32,422 · 1.01%
Similar plansHealth Care & Social Assistance · Florida
Seniors First, Inc. FL$3.0M · 0.03%
Cutiscare LLC FL$2.9M · 0.67%
Impower, Inc. FL$2.8M · 1.36%
Sonata Health Care, LLC FL$2.8M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237074625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.