Plan Ledger DOL Form 5500 · updated monthly

Miccosukee Tribe of Indians of Florida401(k)

MICCOSUKEE TRIBE OF INDIANS OF FLORIDA 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Miccosukee Tribe of Indians of Florida reported $114,344 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,761 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 0.21% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 579th-largest of 3,644 plans among Florida employers on file, and the 993rd of 3,091 in educational services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 1,019 to 1,172 since 2022.

Plan summary
Net assets, end of year$45,303,142
Participants with balances810
Active participants1,172
Employer contributions$2,063,408
Employee contributions$2,960,800
Employer contribution per active participant$1,761
Average account balance$55,930
Benefits paid to participants$4,940,127
Plan auditUnmodified (clean) audit opinion
AuditorVERDEJA & ALVAREZ, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$45.3M · 810 accts · $2.1M emplr
2023$40.0M · 797 accts · $1.9M emplr
2022$33.9M · 802 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,344
Total administrative$114,344
The Miccosukee Tribe of Indians of Florida 401(k) match · 2024
Employer contribution per active participant$1,761
Median for plans this size$2,416
2024$1,761 per active participant
2023$1,694 per active participant
2022$1,798 per active participant

Miccosukee Tribe of Indians of Florida's 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$114,344
UBS FINANCIAL SERVICES · Consultingindirect comp
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$114,344 · 0.27%
2023$79,780 · 0.22%
2022$76,992 · 0.21%
Similar plansEducational Services · Florida
The Benjamin School FL$47.2M · 0.13%
Redvector.com, LLC FL$46.3M · 0.40%
Bethune-Cookman University FL$45.5M · 0.09%
Palm Beach Day Academy FL$36.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590996784 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.