Plan Ledger DOL Form 5500 · updated monthly

Early Education and Care, Inc.Profit-sharing plan

EARLY EDUCATION AND CARE, INC. 401K PROFIT SHARING PLAN · PANAMA CITY, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Early Education and Care, Inc. reported $20,572 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,411 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 0.26% to 0.28%. 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 (2,051st of 3,644), and 6,546th of 11,911 in health care & social assistance. In 2024, the employer put in $6.27 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,786,942
Participants with balances175
Active participants160
Employer contributions$225,779
Employee contributions$36,025
Employer contribution per active participant$1,411
Average account balance$44,497
Benefits paid to participants$110,708
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 175 accts · $226K emplr
2023$6.9M · 164 accts · $228K emplr
2022$6.2M · 171 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,547
Total administrative$20,572
Employer contributions to the Early Education and Care, Inc. plan · 2024
Employer contribution per active participant$1,411
Median for plans this size$1,313
2024$1,411 per active participant
2023$1,392 per active participant
2022$2,383 per active participant

Early Education and Care, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024$20,572 · 0.28%
2023$18,206 · 0.28%
2022$15,460 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Guidewell Sanitas I LLC FL$7.8M · 0.61%
Hospice of St Francis FL$7.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591376048 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.