Plan Ledger DOL Form 5500 · updated monthly

Metropolitan Charities, Inc. D/B/A Metro Inclusive Health403(b)

METRO EMPLOYEES RETIREMENT PLAN · ST. PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Metropolitan Charities, Inc. D/B/A Metro Inclusive Health reported $51,659 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,455 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 0.82% to 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,302nd of 3,644), and 2,125th of 3,341 in other services. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,153,381
Participants with balances122
Active participants170
Employer contributions$417,278
Employee contributions$657,658
Employer contribution per active participant$2,455
Average account balance$50,438
Benefits paid to participants$689,074
Plan auditUnmodified (clean) audit opinion
AuditorBARTON, GONZALEZ & MYERS, PA
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 122 accts · $417K emplr
2023$5.1M · 133 accts · $349K emplr
2022$4.0M · 135 accts · $274K emplr
Administrative expenses, itemized · 2024
Investment management$51,659
Total administrative$51,659
Employer contributions to the Metropolitan Charities, Inc. D/B/A Metro Inclusive Health plan · 2024
Employer contribution per active participant$2,455
Median for plans this size$1,313
2024$2,455 per active participant
2023$2,424 per active participant
2022$1,498 per active participant

Metropolitan Charities, Inc. D/B/A Metro Inclusive Health'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
BSP RETIREMENT SERVICES · Contract administrator$963

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$51,659 · 0.92%
2023$30,686 · 0.68%
2022$34,289 · 0.82%
Same employer
Similar plansOther Services · Florida
Paycargo LLC FL$6.7M · 1.25%
626 Holdings Equity LLC FL$6.3M · 0.77%
Give Kids the World, Inc. FL$6.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593153947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.