Plan Ledger DOL Form 5500 · updated monthly

Fortegra Financial Corporation401(k)

FORTEGRA FINANCIAL CORPORATION 401(K) SAVINGS PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Fortegra Financial Corporation reported $24,038 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,420 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 0.01% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 606th-largest of 3,644 plans among Florida employers on file, and the 1,865th of 4,798 in finance & insurance. In 2024, employees put in $5.00 for every $1.00 the employer contributed; active participation has grown from 418 to 495 since 2022.

Plan summary
Net assets, end of year$42,963,067
Participants with balances577
Active participants495
Employer contributions$702,804
Employee contributions$3,515,491
Employer contribution per active participant$1,420
Average account balance$74,459
Benefits paid to participants$6,692,575
Plan auditUnmodified (clean) audit opinion
AuditorENNIS PELLUM & ASSOC. PA
Plan history3
Yearassets · accounts · employer contribution
2024$43.0M · 577 accts · $703K emplr
2023$38.9M · 556 accts · $611K emplr
2022$31.3M · 512 accts · $546K emplr
The Fortegra Financial Corporation 401(k) match · 2024
Employer contribution per active participant$1,420
Median for plans this size$2,416
2024$1,420 per active participant
2023$1,305 per active participant
2022$1,307 per active participant

Fortegra Financial Corporation'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 · 20242
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$35,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$24,038 · 0.06%
2023Not separately reported
2022$3,950 · 0.01%
Same employer
Similar plansFinance & Insurance · Florida
Florida Credit Union FL$43.5M · 0.09%
Duval Holdings, Inc. FL$43.2M · 0.14%
Crews Bank & Trust FL$41.9M · 0.26%
Campus USA Credit Union FL$41.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581461399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.