Plan Ledger DOL Form 5500 · updated monthly

Jewish Adoption & Foster Care Optio S401(k)

JEWISH ADOPTION & FOSTER CARE OPTIONS 403(B) RETIREMENT PLAN · SUNRISE, FL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Jewish Adoption & Foster Care Optio S reported $26,284 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $487 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 2 years on file its reported administrative ratio rose from 0.18% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,353rd of 3,644), and 7,448th of 11,911 in health care & social assistance. In 2024, employees put in $8.27 for every $1.00 the employer contributed; active participation has shrunk from 185 to 107 since 2022.

Plan summary
Net assets, end of year$5,832,090
Participants with balances106
Active participants107
Employer contributions$52,061
Employee contributions$430,696
Employer contribution per active participant$487
Average account balance$55,020
Benefits paid to participants$247,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 106 accts · $52K emplr
2023$5.0M · 64 accts · $58K emplr
2022$3.9M · 104 accts · $52K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$26,284
Total administrative$26,284
The Jewish Adoption & Foster Care Optio S 401(k) match · 2024
Employer contribution per active participant$487
Median for plans this size$1,313
2024$487 per active participant
2023$496 per active participant
2022$282 per active participant

Jewish Adoption & Foster Care Optio S's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
BUCKMAN ADVISORY GROUP LLC · Investment management$24,243
NATIONWIDE · Investment management$14,152
NATIONWIDE · Investment management$640
NATIONWIDE · Investment management$327

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

Administrative cost history3
2024$26,284 · 0.49%
2023$21,037 · 0.47%
2022$7,679 · 0.18%
Similar plansHealth Care & Social Assistance · Florida
Arc Broward, Inc. FL$6.0M · 0.01%
Suncoast Skin Solutions FL$5.9M · 0.40%
Telespecialists, LLC FL$5.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200898587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.