Plan Ledger DOL Form 5500 · updated monthly

Focus School Software, LLC401(k)

FOCUS SCHOOL SOFTWARE LLC 401(K) PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Focus School Software, LLC reported $830 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,751 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 fell from 0.014% to 0.011%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (1,929th of 3,644), and 8,422nd of 11,654 in professional & technical services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 102 to 157 since 2022.

Plan summary
Net assets, end of year$8,683,193
Participants with balances128
Active participants157
Employer contributions$274,852
Employee contributions$504,507
Employer contribution per active participant$1,751
Average account balance$67,837
Benefits paid to participants$141,596
Plan history3
Yearassets · accounts · employer contribution
2024$8.7M · 128 accts · $275K emplr
2023$6.4M · 120 accts · $235K emplr
2022$5.0M · 114 accts · $238K emplr
The Focus School Software, LLC 401(k) match · 2024
Employer contribution per active participant$1,751
Median for plans this size$1,313
2024$1,751 per active participant
2023$1,751 per active participant
2022$2,330 per active participant

Focus School Software, LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$830 · 0.01%
2023$925 · 0.02%
2022$730 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Florida
Esp, Inc. FL$8.9M · 0.04%
Rekcut Photographic, Inc. FL$8.7M · 0.48%
Lukos, LLC FL$8.7M · 0.43%
Merlin Law Group, PLLC FL$8.6M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260894476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.