Plan Ledger DOL Form 5500 · updated monthly

Family Care Partners of Northeast Fl, LLC401(k)

FAMILY CARE PARTNERS OF NORTHEAST FLORIDA, LLC EMPLOYEES' SAVINGS AND RETIREMENTS PLAN · JACKSONVILLE, FL · plan year 2019

Reported admin expense ratio · 2019
1.92%

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

Family Care Partners of Northeast Fl, LLC reported $59,158 in plan administrative expenses for 2019: 1.92% of average plan assets, higher than ~90% of peers. Employer contributions averaged $66 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 4 years on file its reported administrative ratio fell from 1.92% to 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 238 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,855th of 3,644), and 9,126th of 11,911 in health care & social assistance. In 2019, employees put in $9.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,179,736
Participants with balances90
Active participants353
Employer contributions$23,428
Employee contributions$226,466
Employer contribution per active participant$66
Average account balance$35,330
Benefits paid to participants$591,419
Plan auditDisclaimer of opinion
AuditorHOWARD & COMPANY
Plan history4
Yearassets · accounts · employer contribution
2024$0
2023$2.1M · 206 accts · $22K emplr
2022$2.1M · 255 accts · $21K emplr
2019$3.2M · 90 accts · $23K emplr
The Family Care Partners of Northeast Fl, LLC 401(k) match · 2019
Employer contribution per active participant$66
Median for plans this size$892
2023$61 per active participant
2022$60 per active participant
2019$66 per active participant

Family Care Partners of Northeast Fl, LLC's 2019 employer contribution ran below the $892 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2024Not separately reported
2023$29,834 · 1.41%
2022$31,728 · 1.39%
2019$59,158 · 1.92%
Similar plansHealth Care & Social Assistance · Florida
St. Matthew's House, Inc. FL$3.2M · 0.17%
Seniors First, Inc. FL$3.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542113873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.