Plan Ledger DOL Form 5500 · updated monthly

Florida State University Foundation, Inc.403(b)

FLORIDA STATE UNIVERSITY FOUNDATION, INC. 403(B) DEFINED CONTRIBUTION PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Florida State University Foundation, Inc. reported $2,399 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.012% to 0.013%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,184th-largest of 3,644 plans among Florida employers on file, and the 2,043rd of 4,246 in wholesale trade. active participation has shrunk from 172 to 154 since 2022.

Plan summary
Net assets, end of year$18,292,987
Participants with balances222
Active participants154
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$82,401
Benefits paid to participants$1,306,538
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 222 accts
2023$17.4M · 227 accts
2022$16.5M · 236 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,399
Total administrative$2,399
Employer contributions to the Florida State University Foundation, Inc. plan · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Florida State University Foundation, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
TIAA · Recordkeeping · Investment advisory (plan)$325

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$2,399 · 0.01%
2023$2,402 · 0.01%
2022$2,254 · 0.01%
Same employer
Similar plansWholesale Trade · Florida
Advantus Corporation FL$18.8M · 0.13%
A & M Supply Holdings, Inc. FL$18.5M · 0.01%
Tampa Bay Steel Corporation FL$18.2M · 0.05%
Electrosonic Inc FL$18.1M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 596152180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.