Plan Ledger DOL Form 5500 · updated monthly

Special Olympics Florida, Inc.401(k)

SPECIAL OLYMPICS FLORIDA, INC. 401(K) RETIREMENT PLAN · CLERMONT, FL · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Special Olympics Florida, Inc. reported $35,645 in plan administrative expenses for 2024: 0.66% of average plan assets, above the peer median. Employer contributions averaged $4,181 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 0.60% to 0.66%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,373rd of 3,644), and 7,536th of 11,911 in health care & social assistance. In 2024, the employer put in $1.40 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,679,614
Participants with balances156
Active participants100
Employer contributions$418,078
Employee contributions$298,252
Employer contribution per active participant$4,181
Average account balance$36,408
Benefits paid to participants$756,462
Plan auditUnmodified (clean) audit opinion
AuditorSAS ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 156 accts · $418K emplr
2023$5.1M · 138 accts · $342K emplr
2022$4.1M · 122 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,144
Investment management$20,416
Total administrative$35,645
The Special Olympics Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$4,181
Median for plans this size$1,313
2024$4,181 per active participant
2023$3,022 per active participant
2022$3,163 per active participant

Special Olympics Florida, Inc.'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
JOHN HANCOCK USA · Recordkeeping · Investment management$750
RAYMOND JAMES & ASSOC · Investment advisory (participants)$20,416

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$35,645 · 0.66%
2023$29,673 · 0.64%
2022$25,081 · 0.60%
Similar plansHealth Care & Social Assistance · Florida
Telespecialists, LLC FL$5.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237181560 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.