Plan Ledger DOL Form 5500 · updated monthly

Peace River Center for Personal Development, Inc.401(k)

PEACE RIVER CENTER FOR PERSONAL DEVELOPMENT, INC. 401(K) PLAN · BARTOW, FL · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Peace River Center for Personal Development, Inc. reported $123,862 in plan administrative expenses for 2024: 0.82% of average plan assets, higher than ~90% of peers. Employer contributions averaged $772 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 0.67% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,324th-largest of 3,644 plans among Florida employers on file, and the 4,338th of 11,911 in health care & social assistance. In 2024, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,798,500
Participants with balances439
Active participants436
Employer contributions$336,521
Employee contributions$1,055,915
Employer contribution per active participant$772
Average account balance$35,987
Benefits paid to participants$2,512,134
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 439 accts · $337K emplr
2023$14.5M · 421 accts · $341K emplr
2022$11.8M · 716 accts · $312K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,092
Investment management$72,770
Total administrative$123,862
The Peace River Center for Personal Development, Inc. 401(k) match · 2024
Employer contribution per active participant$772
Median for plans this size$2,416
2024$772 per active participant
2023$797 per active participant
2022$758 per active participant

Peace River Center for Personal Development, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
CHAS P SMITH & ASSOCIATES PA CPAS · Investment advisory (plan)$72,770
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$51,092

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

Administrative cost history3
2024$123,862 · 0.82%
2023$104,166 · 0.79%
2022$85,396 · 0.67%
Same employer
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Premier Dermatology, LLC FL$16.4M · 0.51%
Healthmap Solutions, Inc. FL$16.1M · 0.52%
Medical Home Alliance, LLC FL$15.9M · 0.48%
Sage Dental Management, LLC FL$15.7M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590818924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.