Plan Ledger DOL Form 5500 · updated monthly

Incharge Education Foundation, Inc.401(k)

INCHARGE 401(K) RETIREMENT PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Incharge Education Foundation, Inc. reported $9,335 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,553 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 1 year on file its reported administrative ratio fell from 0.10% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,579th-largest of 3,644 plans among Florida employers on file, and 7,359th of 11,654 in professional & technical services. In 2024, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,103,667
Participants with balances142
Active participants117
Employer contributions$298,667
Employee contributions$528,776
Employer contribution per active participant$2,553
Average account balance$85,237
Benefits paid to participants$965,017
Plan auditUnmodified (clean) audit opinion
AuditorJM&M
Plan history2
Yearassets · accounts · employer contribution
2024$12.1M · 142 accts · $299K emplr
2023$10.7M · 142 accts · $266K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,599
Investment management$1,736
Total administrative$9,335
The Incharge Education Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$2,553
Median for plans this size$2,416
2024$2,553 per active participant
2023$2,375 per active participant

Incharge Education Foundation, Inc.'s 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,599
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$1,736

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

Administrative cost history2
2024$9,335 · 0.08%
2023$11,034 · 0.10%
Similar plansProfessional & Technical Services · Florida
Wwc Global LLC FL$12.2M · 0.72%
Precision Personnel Inc FL$12.2M · 0.28%
Enavate Holdings, LLC FL$12.1M · 0.75%
Bliss & Nyitray, Inc. FL$11.9M · 0.12%
Intecrowd LLC FL$11.7M · 0.12%
Iventure Solutions, Inc. FL$11.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200152720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.