Plan Ledger DOL Form 5500 · updated monthly

Partnership for Strong Families, Inc.401(k)

EMPLOYEE BENEFIT PLAN OF PARTNERSHIP FOR STRONG FAMILIES, INC. · GAINESVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Partnership for Strong Families, Inc. reported $48,219 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,774 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 0.64% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Florida (2,115th of 3,644), and 57th of 90 in public administration. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has shrunk from 186 to 149 since 2022.

Plan summary
Net assets, end of year$7,312,082
Participants with balances193
Active participants149
Employer contributions$264,316
Employee contributions$432,048
Employer contribution per active participant$1,774
Average account balance$37,886
Benefits paid to participants$839,138
Plan auditUnmodified (clean) audit opinion
AuditorMOSS, KRUSICK & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 193 accts · $264K emplr
2023$6.7M · 191 accts · $292K emplr
2022$6.7M · 228 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,919
Investment management$29,735
Trustee / custodial$3,340
Total administrative$48,219
The Partnership for Strong Families, Inc. 401(k) match · 2024
Employer contribution per active participant$1,774
Median for plans this size$1,313
2024$1,774 per active participant
2023$1,908 per active participant
2022$1,729 per active participant

Partnership for Strong Families, 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
AVANTAX RETIREMENT PLAN SERVICES · Recordkeeping · Consulting$48,219

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

Recordkeeper by year2
2024AVANTAX RETIREMENT PLAN SERVICES
2023AVANTAX RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$48,219 · 0.69%
2023$48,461 · 0.72%
2022$39,882 · 0.64%
Same employer
Similar plansPublic Administration · Florida
Tonto Apache Tribe AZ$8.3M · 0.60%
Las Vegas Paiute Tribe NV$8.0M · 1.01%
Yavapai Apache Nation AZ$7.5M · 0.11%
Veritas Hhs, LLC CO$6.6M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030423150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.