Plan Ledger DOL Form 5500 · updated monthly

Parkinson Foundation, Inc.401(k)

PARKINSON'S FOUNDATION RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Parkinson Foundation, Inc. reported $2,535 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,612 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 0.09% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,472nd-largest of 3,644 plans among Florida employers on file, and 6,969th of 11,654 in professional & technical services. In 2024, employees put in $1.24 for every $1.00 the employer contributed; active participation has grown from 151 to 173 since 2022.

Plan summary
Net assets, end of year$13,457,886
Participants with balances251
Active participants173
Employer contributions$797,881
Employee contributions$985,974
Employer contribution per active participant$4,612
Average account balance$53,617
Benefits paid to participants$932,839
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 251 accts · $798K emplr
2023$11.0M · 244 accts · $712K emplr
2022$8.7M · 238 accts · $722K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,535
Total administrative$2,535
The Parkinson Foundation, Inc. 401(k) match · 2024
Employer contribution per active participant$4,612
Median for plans this size$2,416
2024$4,612 per active participant
2023$4,211 per active participant
2022$4,783 per active participant

Parkinson Foundation, Inc.'s 2024 employer contribution ran above the $2,416 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.

Administrative cost history3
2024$2,535 · 0.02%
2023$8,728 · 0.09%
2022$6,705 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Florida
Kass Shuler, P. A. FL$13.7M · 0.43%
Luks and Santaniello, LLC FL$13.7M · 0.59%
Everise, Inc. FL$13.7M · 2.02%
Draftpros, LLC FL$13.5M · 0.61%
Hall Communications, Inc. FL$13.4M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131866796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.