Plan Ledger DOL Form 5500 · updated monthly

Early Learning Coalition of Miami-Dade/Monroe401(k)

EARLY LEARNING COALITION OF MIAMI DADE-MONROE RETIREMENT PLAN & TRUST · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Early Learning Coalition of Miami-Dade/Monroe reported $74,227 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,236 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 has held roughly steady near 0.566%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 1,401st-largest of 3,644 plans among Florida employers on file, and 1,835th of 3,091 in educational services. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,453,851
Participants with balances342
Active participants293
Employer contributions$948,074
Employee contributions$809,848
Employer contribution per active participant$3,236
Average account balance$42,263
Benefits paid to participants$987,875
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$14.5M · 342 accts · $948K emplr
2023$11.8M · 328 accts · $577K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,121
Investment management$26,106
Total administrative$74,227
The Early Learning Coalition of Miami-Dade/Monroe 401(k) match · 2024
Employer contribution per active participant$3,236
Median for plans this size$2,416
2024$3,236 per active participant
2023$1,970 per active participant

Early Learning Coalition of Miami-Dade/Monroe's 2024 employer contribution ran above the $2,416 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.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,104
LWM ADVISORY SERVICES, LLC · Investment advisory (participants)$26,106

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$74,227 · 0.57%
2023$59,779 · 0.57%
Same employer
Similar plansEducational Services · Florida
The Kings Academy Inc. FL$16.2M · 0.00%
Simcom, Inc. FL$16.1M · 0.07%
Pace Center for Girls, Inc. FL$15.6M · 0.10%
Infilaw Corporation FL$13.9M · 0.04%
Ave Maria School of Law FL$12.4M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651122406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.