Plan Ledger DOL Form 5500 · updated monthly

Neighborly Care Network Inc.403(b)

NEIGHBORLY CARE NETWORK RETIREMENT PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Neighborly Care Network Inc. reported $10,108 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,547 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 fell from 0.47% to 0.42%. 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 (2,977th of 3,644), and 9,594th of 11,911 in health care & social assistance. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 118 to 105 since 2022.

Plan summary
Net assets, end of year$2,552,640
Participants with balances113
Active participants105
Employer contributions$162,447
Employee contributions$218,026
Employer contribution per active participant$1,547
Average account balance$22,590
Benefits paid to participants$279,141
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 113 accts · $162K emplr
2023$2.2M · 117 accts · $146K emplr
2022$1.9M · 110 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,236
Investment management$8,872
Total administrative$10,108
Employer contributions to the Neighborly Care Network Inc. plan · 2024
Employer contribution per active participant$1,547
Median for plans this size$1,313
2024$1,547 per active participant
2023$1,291 per active participant
2022$1,034 per active participant

Neighborly Care Network 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$1,611
RAYMOND JAMES FIN SERVICES ADVISOR · Investment advisory (participants) · Investment advisory (plan)$8,872

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$10,108 · 0.42%
2023$10,898 · 0.53%
2022$9,600 · 0.47%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Operation Dental, LLC FL$2.6M · 0.06%
Dental Whale, LLC FL$2.6M · 0.25%
Arboreta Healthcare Inc. FL$2.5M · 1.55%
Medical Life, Inc. FL$2.5M · 0.28%
Pine Castle, Inc. FL$2.5M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591218100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.