Plan Ledger DOL Form 5500 · updated monthly

Senior Friendship Centers, Inc401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF SENIOR FRIENDSHIP CENTERS, INC. · SARASOTA, FL · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

Senior Friendship Centers, Inc reported $1,605 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,250 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 3 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,124th of 3,644), and 6,751st of 11,911 in health care & social assistance. In 2025, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 81 to 105 since 2022.

Plan summary
Net assets, end of year$7,257,759
Participants with balances157
Active participants105
Employer contributions$236,212
Employee contributions$343,666
Employer contribution per active participant$2,250
Average account balance$46,228
Benefits paid to participants$1,118,529
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.3M · 157 accts · $236K emplr
2024$7.0M · 182 accts · $185K emplr
2023$6.7M · 171 accts · $125K emplr
2022$6.8M · 169 accts · $125K emplr
The Senior Friendship Centers, Inc 401(k) match · 2025
Employer contribution per active participant$2,250
Median for plans this size$1,464
2025$2,250 per active participant
2024$1,710 per active participant
2023$1,357 per active participant
2022$1,545 per active participant

Senior Friendship Centers, Inc's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,569

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

Recordkeeper by year3
2025Mutual of America
2024Mutual of America
2023Mutual of America

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

Administrative cost history4
2025$1,605 · 0.02%
2024$1,517 · 0.02%
2023$617 · 0.01%
2022$940 · 0.01%
Similar plansHealth Care & Social Assistance · Florida
Millenia Pediatrics, LLC FL$7.3M · 0.56%
Menorah Manor, Inc FL$7.2M · 0.57%
Boley Centers, Inc. FL$7.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591522614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.