Plan Ledger DOL Form 5500 · updated monthly

River Garden Hebrew Home/Wolfson Health & Aging Center401(k)

RIVER GARDEN 401(K) PROFIT SHARING PLAN · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

River Garden Hebrew Home/Wolfson Health & Aging Center reported $1,561 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,069 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 0.02% to 0.01%. 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 1,511th-largest of 3,644 plans among Florida employers on file, and the 4,939th of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,871,953
Participants with balances409
Active participants336
Employer contributions$359,163
Employee contributions$647,218
Employer contribution per active participant$1,069
Average account balance$31,472
Benefits paid to participants$614,061
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 409 accts · $359K emplr
2023$11.2M · 394 accts · $318K emplr
2022$10.1M · 370 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,561
Total administrative$1,561
The River Garden Hebrew Home/Wolfson Health & Aging Center 401(k) match · 2024
Employer contribution per active participant$1,069
Median for plans this size$2,416
2024$1,069 per active participant
2023$901 per active participant
2022$869 per active participant

River Garden Hebrew Home/Wolfson Health & Aging Center'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
BDO USA, P.C. · Contract administrator$7,363
CAPITAL GROUP RETIREMEN PLAN SVS$3,850

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$1,561 · 0.01%
2023$1,988 · 0.02%
2022$2,100 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Florida
United Way Miami, Inc. FL$12.9M · 0.27%
Embrace Families, Inc. FL$12.8M · 0.49%
The Chrysalis Center, Inc. FL$12.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590624438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.