Plan Ledger DOL Form 5500 · updated monthly

Second Harvest Food Bank of Central Florida, Inc.401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF SECOND HARVEST FOOD BANK OF CENTRAL FLORIDA, INC. · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Second Harvest Food Bank of Central Florida, Inc. reported $1,730 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,340 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 0.00% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,028th of 3,644), and 1,879th of 3,341 in other services. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,920,564
Participants with balances284
Active participants227
Employer contributions$304,123
Employee contributions$508,004
Employer contribution per active participant$1,340
Average account balance$27,889
Benefits paid to participants$530,286
Plan auditUnmodified (clean) audit opinion
AuditorSTWMS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 284 accts · $304K emplr
2023$6.9M · 244 accts · $254K emplr
2022$5.4M · 205 accts · $199K emplr
The Second Harvest Food Bank of Central Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$1,340
Median for plans this size$1,313
2024$1,340 per active participant
2023$1,191 per active participant
2022$906 per active participant

Second Harvest Food Bank of Central Florida, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,435

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,730 · 0.02%
2023$1,719 · 0.03%
2022$109 · 0.00%
Same employer
Similar plansOther Services · Florida
Sun Orchard LLC FL$8.2M · 0.14%
Hui Huliau FL$7.8M · 0.54%
Step Up Suncoast, Inc. FL$7.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592142315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.