Plan Ledger DOL Form 5500 · updated monthly

Legal Services of North Florida, Inc.401(k)

SAFE-HARBOR 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF LEGAL SERVICES OF NORTH FLORIDA, INC. · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Legal Services of North Florida, Inc. reported $851 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,627 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,222nd of 3,644), and 9,167th of 11,654 in professional & technical services. In 2024, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,607,838
Participants with balances137
Active participants138
Employer contributions$362,483
Employee contributions$274,517
Employer contribution per active participant$2,627
Average account balance$48,232
Benefits paid to participants$349,481
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS, GRAY AND COMPANY, LLP
The Legal Services of North Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$2,627
Median for plans this size$1,313

Legal Services of North Florida, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,212

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

Administrative cost history1
2024$851 · 0.01%
Similar plansProfessional & Technical Services · Florida
Marxent Labs, LLC FL$6.8M · 0.12%
Panther Software, LLC FL$6.8M · 0.04%
Starlims Corporation FL$6.7M · 0.06%
Kore.Ai, Inc FL$6.5M · 0.14%
Esquire Law LLC FL$6.5M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510197090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.