Plan Ledger DOL Form 5500 · updated monthly

Regional Food Bank of Northeast Florida Inc401(k)

FEEDING NORTHEAST FLORIDA 401(K) PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Regional Food Bank of Northeast Florida Inc reported $2,537 in plan administrative expenses for 2024: 0.62% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Florida (3,484th of 3,644), and 2,419th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$526,302
Participants with balances171
Active participants85
Employer contributions$0
Employee contributions$204,709
Employer contribution per active participant$0
Average account balance$3,078
Benefits paid to participants$43,790
Plan auditUnmodified (clean) audit opinion
AuditorENNIS,PELLUM & ASSOCIATES, PA
Administrative expenses, itemized · 2024
Investment management$2,537
Total administrative$2,537
The Regional Food Bank of Northeast Florida Inc 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Regional Food Bank of Northeast Florida Inc's 2024 employer contribution ran below the $540 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.

Administrative cost history1
2024$2,537 · 0.62%
Similar plansTransportation & Warehousing · Florida
Transpremier LLC FL$947K · 1.01%
Pavo Holding Corp. FL$692K · 3.92%
Yzer LLC FL$551K · 2.56%
Globalvend Logistics LLC FL$415K · 0.47%
Optimal US Logistics Inc FL$361K · 0.53%
Palm Beach Logistics, LLC FL$356K · 0.44%
Total Package Logistics FL$290K · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465014769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.