Plan Ledger DOL Form 5500 · updated monthly

Greater Miami Jewish FederationMoney purchase plan

GREATER MIAMI JEWISH FEDERATION 401(A) RETIREMENT PLAN · MIAMI, FL · plan year 2023

Reported admin expense ratio · 2023
0.60%

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

Greater Miami Jewish Federation reported $46,472 in plan administrative expenses for 2023: 0.60% of average plan assets, above the peer median. Employer contributions averaged $4,725 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 fell from 0.38% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (1,976th of 3,644), and 1,826th of 3,341 in other services. active participation has shrunk from 106 to 93 since 2021.

Plan summary
Net assets, end of year$8,321,180
Participants with balances157
Active participants93
Employer contributions$439,418
Employee contributions—
Employer contribution per active participant$4,725
Average account balance$53,001
Benefits paid to participants$356,336
Plan auditUnmodified (clean) audit opinion
AuditorTEMPLETON AND COMPANY
Plan history4
Yearassets · accounts · employer contribution
2024$7.9M · 93 accts · $423K emplr
2023$8.3M · 157 accts · $439K emplr
2022$7.2M · 157 accts · $456K emplr
2021$6.4M · 151 accts · $419K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,472
Investment management$20,000
Total administrative$46,472
Employer contributions to the Greater Miami Jewish Federation plan · 2023
Employer contribution per active participant$4,725
Median for plans this size$1,308
2024$4,547 per active participant
2023$4,725 per active participant
2022$4,264 per active participant
2021$3,953 per active participant

Greater Miami Jewish Federation's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$20,000

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

Administrative cost history4
2024$26,505 · 0.33%
2023$46,472 · 0.60%
2022$43,496 · 0.64%
2021$26,300 · 0.38%
Same employer
Similar plansOther Services · Florida
Lost Tree Club, Inc. FL$9.4M · 0.45%
Wash Depot Holdings, Inc. FL$8.4M · 0.08%
Sun Orchard LLC FL$8.2M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 590624404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.