Plan Ledger DOL Form 5500 · updated monthly

Suncoast Center, Inc.403(b)

SUNCOAST CENTER, INC. 403(B) PLAN · ST PETERSBURG, FL · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Suncoast Center, Inc. reported $78,334 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,236 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 has held roughly steady near 0.681%. 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 1,585th-largest of 3,644 plans among Florida employers on file, and the 5,150th of 11,911 in health care & social assistance. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has shrunk from 246 to 217 since 2022.

Plan summary
Net assets, end of year$12,015,519
Participants with balances230
Active participants217
Employer contributions$268,137
Employee contributions$646,924
Employer contribution per active participant$1,236
Average account balance$52,241
Benefits paid to participants$1,382,512
Plan auditUnmodified (clean) audit opinion
AuditorRIVERO, GORDIMER & COMPANY, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 230 accts · $268K emplr
2023$11.0M · 244 accts · $329K emplr
2022$9.6M · 274 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,960
Investment management$47,374
Total administrative$78,334
Employer contributions to the Suncoast Center, Inc. plan · 2024
Employer contribution per active participant$1,236
Median for plans this size$2,416
2024$1,236 per active participant
2023$1,402 per active participant
2022$1,329 per active participant

Suncoast Center, Inc.'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
CAPFINANCIAL PARTNERS · Contract administrator · Investment advisory (plan)$47,374
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,852

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$78,334 · 0.68%
2023$47,033 · 0.46%
2022$63,394 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Operation Par, Inc. FL$12.1M · 0.37%
Inhealth MD Alliance, LLC FL$11.9M · 0.62%
Sbk Capital, LLC FL$11.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592092717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.