What are the fees in the Heritage Services Corporation 401(k) plan?

For plan year 2022, Heritage Services Corporation reported $2,112 in plan administrative expenses, or 1.03% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Heritage Services Corporation 401(k)?

The average participant account balance was $7,608 for plan year 2022, based on 29 accounts.

Heritage Services Corporation401(k)

Name: Heritage Services Corporation 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HERITAGE SERVICES CORPORATION PS PLAN · ROCKLEDGE, FL · plan year 2022

Reported admin expense ratio · 2022

1.03%

Heritage Services Corporation reported $2,112 in plan administrative expenses for 2022: 1.03% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,574th of 3,644), and 3,069th of 3,091 in educational services.

Plan summary
Net assets, end of year$220,637
Participants with balances29
Active participants134
Employer contributions—
Employee contributions$112,761
Employer contribution per active participant—
Average account balance$7,608
Benefits paid to participants$32,639
Plan auditDisclaimer of opinion
AuditorMCDONOUGH CPA SOLUTIONS,PA

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$1,150

Investment management$962

Total administrative$2,112

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$2,112 · 1.03%

Similar plansEducational Services · Florida
Seaside School Consortium, Inc. FL$737K · 0.90%
Avant Garde Academy, Inc. FL$509K · 0.72%
Kcc Employees, LLC FL$442K · 0.21%
Miami Community Charter School, Inc FL$248K · 0.46%
Beauty Career's Institute, Inc. FL$156K · 4.50%
Navigator Academy of Leadership,Inc FL$102K · 7.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460817998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.