Plan Ledger DOL Form 5500 · updated monthly

Pscu Incorporated401(k)

PSCU INCORPORATED 401(K) RETIREMENT PLAN · ST. PETERSBURG, FL · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Pscu Incorporated reported $373,232 in plan administrative expenses for 2023: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,790 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 has held roughly steady near 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 144th-largest of 3,644 plans among Florida employers on file, and the 487th of 4,798 in finance & insurance. In 2023, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$261,851,844
Participants with balances2,617
Active participants3,172
Employer contributions$8,851,294
Employee contributions$19,557,984
Employer contribution per active participant$2,790
Average account balance$100,058
Benefits paid to participants$13,933,372
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $11.0M emplr
2023$261.9M · 2,617 accts · $8.9M emplr
2022$204.8M · 2,525 accts · $8.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$310,634
Investment management$62,598
Total administrative$373,232
The Pscu Incorporated 401(k) match · 2023
Employer contribution per active participant$2,790
Median for plans this size$3,659
2023$2,790 per active participant
2022$2,705 per active participant

Pscu Incorporated's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
LINCOLN NATIONAL CORPORATION · Contract administrator$311,607
MERCER INVESTMENTS, LLC · Investment advisory (participants)$50,000
WORKPLACE MONEY · Investment advisory (participants)$9,000
CBIZ MHM, LLC · Investment advisory (participants)$2,625

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

Administrative cost history3
2024Not separately reported
2023$373,232 · 0.16%
2022$355,604 · 0.17%
Same employer
Similar plansFinance & Insurance · Florida
Ocwen Financial Corporation FL$335.2M · 0.03%
Brp Colleague, Inc. FL$295.1M · 0.13%
Corient Services LLC FL$267.2M · 0.12%
Fcci Services, Inc. FL$253.8M · 0.07%
Bankunited, Inc. FL$247.1M · 0.12%
Bayview Asset Management LLC FL$230.0M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591743434 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.