Plan Ledger DOL Form 5500 · updated monthly

Jacksonville Transit Management Corporation401(k)

JACKSONVILLE TRANSIT MANAGEMENT CORPORATION 401K PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
0.12%

Jacksonville Transit Management Corporation reported $3,354 in plan administrative expenses for 2023: 0.12% 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 8 years on file its reported administrative ratio rose from 0.03% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (2,841st of 3,644), and 1,902nd of 2,677 in transportation & warehousing. active participation has shrunk from 505 to 371 since 2015.

Plan summary
Net assets, end of year$3,239,947
Participants with balances371
Active participants371
Employer contributions—
Employee contributions$377,868
Employer contribution per active participant—
Average account balance$8,733
Benefits paid to participants$183,040
Plan auditUnmodified (clean) audit opinion
Plan history7
Yearassets · accounts · employer contribution
2023$3.2M · 371 accts
2022$2.6M · 318 accts
2019$2.1M · 214 accts
2018$1.7M
2017$1.7M
2016$1.5M
2015$1.3M
Administrative expenses, itemized · 2023
Investment management$3,354
Total administrative$3,354
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 history7
2023$3,354 · 0.12%
2022$1,858 · 0.07%
2019$365 · 0.02%
2018$1,584 · 0.09%
2017$1,844 · 0.11%
2016$988 · 0.07%
2015$400 · 0.03%
Similar plansTransportation & Warehousing · Florida
Davis Express Inc. FL$3.5M · 0.01%
Trans-Phos, Inc. FL$3.3M · 0.04%
Pharmalink, Inc. FL$3.2M · 1.21%
B&L Service, Inc. FL$3.2M · 0.04%
Magaya Corporation FL$3.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593041602 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.