Plan Ledger DOL Form 5500 · updated monthly

Neighbor to Family, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF NEIGHBOR TO FAMILY, INC. · DAYTONA BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Neighbor to Family, Inc. reported $1,458 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,402 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 0.05% to 0.06%. 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 among the smaller plans on file in Florida (2,969th of 3,644), and 9,574th of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,579,693
Participants with balances140
Active participants75
Employer contributions$105,177
Employee contributions$166,980
Employer contribution per active participant$1,402
Average account balance$18,426
Benefits paid to participants$434,137
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 140 accts · $105K emplr
2023$2.4M · 147 accts · $75K emplr
2022$2.3M · 151 accts · $65K emplr
The Neighbor to Family, Inc. 401(k) match · 2024
Employer contribution per active participant$1,402
Median for plans this size$1,313
2024$1,402 per active participant
2023$951 per active participant
2022$834 per active participant

Neighbor to Family, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,070

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,458 · 0.06%
2023$674 · 0.03%
2022$1,158 · 0.05%
Similar plansHealth Care & Social Assistance · Florida
Centerplace Health, Inc. FL$2.7M · 0.10%
Guardian Care, Inc. FL$2.6M · 0.02%
Operation Dental, LLC FL$2.6M · 0.06%
Dental Whale, LLC FL$2.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364354882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.