Plan Ledger DOL Form 5500 · updated monthly

School Readiness Coalition of Hillsborough County401(k)

THE EARLY LEARNING COALITION OF HILLSBOROUGH COUNTY 401K PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

School Readiness Coalition of Hillsborough County reported $14,634 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $5,390 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 0.40% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Florida (2,094th of 3,644), and 2,297th of 3,091 in educational services. In 2024, the employer put in $1.97 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,441,962
Participants with balances177
Active participants141
Employer contributions$759,964
Employee contributions$385,461
Employer contribution per active participant$5,390
Average account balance$42,045
Benefits paid to participants$512,638
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 177 accts · $760K emplr
2023$5.6M · 184 accts · $712K emplr
2022$3.9M · 175 accts · $656K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,634
Investment management$12,000
Total administrative$14,634
The School Readiness Coalition of Hillsborough County 401(k) match · 2024
Employer contribution per active participant$5,390
Median for plans this size$1,313
2024$5,390 per active participant
2023$4,814 per active participant
2022$4,493 per active participant

School Readiness Coalition of Hillsborough County's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$6,159
GALLAGHER BENEFIT SVCS INC · Investment advisory (participants) · Investment advisory (plan)$12,000

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$14,634 · 0.22%
2023$13,904 · 0.29%
2022$15,291 · 0.40%
Same employer
Similar plansEducational Services · Florida
Saint Paul's School, Inc. FL$7.8M · 0.07%
The Geneva School FL$6.8M · 0.71%
Atp Professionals Inc. FL$6.3M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593626765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.