Plan Ledger DOL Form 5500 · updated monthly

Mid Florida Community Services, Inc. 403(B) Thrift PlanDC plan

MID FLORIDA COMMUNITY SERVICES, INC. 403(B) · BROOKSVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Mid Florida Community Services, Inc. 403(B) Thrift Plan reported $50,849 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $2,771 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 0.48% to 0.51%. 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 the 1,761st-largest of 3,644 plans among Florida employers on file, and the 5,645th of 11,911 in health care & social assistance. In 2024, the employer put in $2.73 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$10,159,159
Participants with balances466
Active participants328
Employer contributions$908,854
Employee contributions$333,516
Employer contribution per active participant$2,771
Average account balance$21,801
Benefits paid to participants$1,620,331
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 466 accts · $909K emplr
2023$9.7M · 464 accts · $874K emplr
2022$8.7M · 471 accts · $811K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,489
Investment management$20,860
Audit (IQPA)$12,500
Total administrative$50,849
Employer contributions to the Mid Florida Community Services, Inc. 403(B) Thrift Plan plan · 2024
Employer contribution per active participant$2,771
Median for plans this size$1,313
2024$2,771 per active participant
2023$2,732 per active participant
2022$2,574 per active participant

Mid Florida Community Services, Inc. 403(B) Thrift Plan'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 · 20245
CRI · Recordkeeping$12,500
AMERICAN UNITED LIFE INS CO · Recordkeeping · Loan processing$6,669
EDWARD D JONES AND CO · Investment advisory (participants) · Investment advisory (plan)$20,860
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$10,820
RELIASTAR LIFE INS COindirect 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
2024CRI, OneAmerica
2023OneAmerica

This plan has changed recordkeepers within these filings. If you left Mid Florida Community Services, Inc. 403(B) Thrift Plan before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$50,849 · 0.51%
2023$33,343 · 0.36%
2022$45,289 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Saluscare, Inc. FL$10.2M · 0.32%
Fyzical, LLC FL$9.7M · 0.76%
Combined Resources, LLC FL$9.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591235202 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.