Plan Ledger DOL Form 5500 · updated monthly

First Coast Security Services, Inc.401(k)

FIRST COAST SECURITY SERVICES, INC. 401K PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
4.87%

First Coast Security Services, Inc. reported $152,908 in plan administrative expenses for 2024: 4.87% of average plan assets, higher than ~90% of peers. 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 fell from 5.16% to 4.87%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,828th of 3,644), and 1,707th of 2,534 in administrative & support services. active participation has grown from 2,065 to 2,944 since 2022.

Plan summary
Net assets, end of year$3,283,262
Participants with balances1,211
Active participants2,944
Employer contributions—
Employee contributions$1,046,302
Employer contribution per active participant—
Average account balance$2,711
Benefits paid to participants$1,044,913
Plan auditUnmodified (clean) audit opinion
AuditorMASTERS, SMITH & WISBY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 1,211 accts
2023$3.0M · 1,603 accts
2022$2.0M · 1,408 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$143,582
Investment management$6,129
Total administrative$152,908
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 · 20245
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$77,849
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$31,474
COASTAL PENSION CONSULTANTS, INC. · Recordkeeping · Loan processing$31,358
NFP RETIREMENT · Investment advisory (plan)$6,129
NFP RETIREMENT INC · Investment advisory (plan)$4,273

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

Recordkeeper by year2
2024COASTAL PENSION CONSULTANTS, INC., Transamerica, Vanguard
2023COASTAL PENSION CONSULTANTS INC, Transamerica

This plan has changed recordkeepers within these filings. If you left First Coast Security Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$152,908 · 4.87%
2023$92,835 · 3.68%
2022$114,227 · 5.16%
Same employer
Similar plansAdministrative & Support Services · Florida
Applicant Insight, Inc FL$3.6M · 0.40%
Priority HR I LLC FL$3.3M · 0.02%
Wecare Tlc, LLC FL$3.2M · 1.78%
Csi International, Inc. FL$3.1M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593647971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.