Plan Ledger DOL Form 5500 · updated monthly

Forkidcare, LLC401(k)

FORKIDCARE, LLC 401(K) RETIREMENT SAVINGS PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Forkidcare, LLC reported $44,254 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $1,893 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 0.16% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,034th-largest of 3,644 plans among Florida employers on file, and the 3,406th of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,314,310
Participants with balances198
Active participants146
Employer contributions$276,321
Employee contributions$564,619
Employer contribution per active participant$1,893
Average account balance$112,699
Benefits paid to participants$1,876,166
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 198 accts · $276K emplr
2023$21.1M · 240 accts · $269K emplr
2022$19.4M · 221 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,711
Investment management$9,543
Total administrative$44,254
The Forkidcare, LLC 401(k) match · 2024
Employer contribution per active participant$1,893
Median for plans this size$2,416
2024$1,893 per active participant
2023$1,807 per active participant
2022$1,460 per active participant

Forkidcare, LLC's 2024 employer contribution ran below the $2,416 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.

Service providers · 20244
EMPOWER ADVISORY GROUP, LLC · Investment management$9,543
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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$44,254 · 0.20%
2023$33,756 · 0.17%
2022$29,734 · 0.16%
Similar plansHealth Care & Social Assistance · Florida
Intelident Solutions, Inc. FL$22.9M · 0.96%
Sanitas USA, Inc. FL$21.5M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203248074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.