Plan Ledger DOL Form 5500 · updated monthly

Horizons of Okaloosa County, Inc. dba the Arc of the Emerald Coast401(k)

THE ARC OF THE EMERALD COAST 401(K) PLAN · FORT WALTON BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
0.31%

Horizons of Okaloosa County, Inc. dba the Arc of the Emerald Coast reported $2,470 in plan administrative expenses for 2023: 0.31% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.31% to 0.62%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,414th of 3,644), and 11,317th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$805,917
Participants with balances306
Active participants210
Employer contributions—
Employee contributions$62,592
Employer contribution per active participant—
Average account balance$2,634
Benefits paid to participants$31,725
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$673K · 358 accts
2023$806K · 306 accts
Administrative expenses, itemized · 2023
Investment management$2,470
Total administrative$2,470
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.

Administrative cost history2
2024$4,558 · 0.62%
2023$2,470 · 0.31%
Similar plansProfessional & Technical Services · Florida
Talgood Enterprises LLC FL$854K · 1.32%
Accelirate, Inc. FL$852K · 0.46%
Tobias & Associates Inc FL$802K · 1.49%
Ronald E. Sholes, P.A. FL$796K · 1.41%
Trading Pub LLC FL$771K · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593109969 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.