Plan Ledger DOL Form 5500 · updated monthly

The Arc of Alachua County, Inc.401(k)

THE ARC OF ALACHUA COUNTY, INC. DISCRETIONARY CONTRIBUTION AND SAVINGS PLAN · GAINESVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

The Arc of Alachua County, Inc. reported $5,970 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,190 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 0.18% to 0.27%. 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 (3,022nd of 3,644), and 9,738th of 11,911 in health care & social assistance. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,371,907
Participants with balances115
Active participants123
Employer contributions$146,406
Employee contributions$233,607
Employer contribution per active participant$1,190
Average account balance$20,625
Benefits paid to participants$319,072
Plan auditUnmodified (clean) audit opinion
AuditorMOSS, KRUSICK & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 115 accts · $146K emplr
2023$2.1M · 105 accts · $134K emplr
2022$1.9M · 111 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,970
Total administrative$5,970
The The Arc of Alachua County, Inc. 401(k) match · 2024
Employer contribution per active participant$1,190
Median for plans this size$1,313
2024$1,190 per active participant
2023$1,137 per active participant
2022$1,138 per active participant

The Arc of Alachua County, Inc.'s 2024 employer contribution ran below 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$700

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$5,970 · 0.27%
2023$4,020 · 0.20%
2022$3,174 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Aeigis Medical Group FL$2.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591140179 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.