Plan Ledger DOL Form 5500 · updated monthly

Miami Community Charter School, Inc401(k)

MIAMI COMMUNITY CHARTER SCHOOL 401(K) PLAN · FLORIDA CITY, FL · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Miami Community Charter School, Inc reported $991 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $130 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (3,567th of 3,644), and 3,064th of 3,091 in educational services. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$248,147
Participants with balances23
Active participants120
Employer contributions$15,610
Employee contributions$33,410
Employer contribution per active participant$130
Average account balance$10,789
Plan auditUnmodified (clean) audit opinion
AuditorGARCIA SANTA MARIA DE ARMAS TRUJILL
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$991
Total administrative$991
The Miami Community Charter School, Inc 401(k) match · 2022
Employer contribution per active participant$130
Median for plans this size$331

Miami Community Charter School, Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$991 · 0.46%
Similar plansEducational Services · Florida
Elc of Duval FL$832K · 0.45%
Avant Garde Academy, Inc. FL$509K · 0.72%
Kcc Employees, LLC FL$442K · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200254954 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.