Plan Ledger DOL Form 5500 · updated monthly

Florida Association of Court Clerks401(k)

FACC PREMIUM DEFERRED 401(K) PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Florida Association of Court Clerks reported $59,897 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $7,644 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 3 years on file its reported administrative ratio has held roughly steady near 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,061st-largest of 3,644 plans among Florida employers on file, and the 996th of 3,341 in other services. In 2024, the employer put in $3.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,669,164
Participants with balances169
Active participants128
Employer contributions$978,461
Employee contributions$312,893
Employer contribution per active participant$7,644
Average account balance$128,220
Benefits paid to participants$813,054
Plan auditUnmodified (clean) audit opinion
AuditorLANIGAN & ASSOCIATES, PC
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 169 accts · $978K emplr
2023$18.7M · 166 accts · $939K emplr
2022$16.7M · 164 accts · $894K emplr
Administrative expenses, itemized · 2024
Investment management$59,897
Total administrative$59,897
The Florida Association of Court Clerks 401(k) match · 2024
Employer contribution per active participant$7,644
Median for plans this size$2,416
2024$7,644 per active participant
2023$7,164 per active participant
2022$7,156 per active participant

Florida Association of Court Clerks's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDUCIARYFIRST LLC · Investment advisory (plan)$59,897

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

Administrative cost history3
2024$59,897 · 0.30%
2023$52,391 · 0.30%
2022$54,931 · 0.29%
Similar plansOther Services · Florida
Cosmo International Corp FL$22.8M · 0.19%
Terran Orbital Corporation FL$22.2M · 0.34%
Mastercorp, Inc. FL$18.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591227589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.