Plan Ledger DOL Form 5500 · updated monthly

The Christian & Missionary Alliance Foundation, Inc. dba Shell Point R403(b)

SHELL POINT THRIFT PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

The Christian & Missionary Alliance Foundation, Inc. dba Shell Point R reported $159,031 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,267 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 0.28% to 0.35%. 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 551st-largest of 3,644 plans among Florida employers on file, and the 1,955th of 11,911 in health care & social assistance. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,401,408
Participants with balances1,205
Active participants1,075
Employer contributions$1,361,652
Employee contributions$3,518,281
Employer contribution per active participant$1,267
Average account balance$39,337
Benefits paid to participants$5,285,293
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$47.4M · 1,205 accts · $1.4M emplr
2023$42.5M · 1,204 accts · $1.3M emplr
2022$38.2M · 1,171 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,583
Investment management$61,057
Audit (IQPA)$13,391
Total administrative$159,031
Employer contributions to the The Christian & Missionary Alliance Foundation, Inc. dba Shell Point R plan · 2024
Employer contribution per active participant$1,267
Median for plans this size$2,416
2024$1,267 per active participant
2023$1,157 per active participant
2022$1,464 per active participant

The Christian & Missionary Alliance Foundation, Inc. dba Shell Point R'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 · 20244
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$47,827
LARSON ALLEN LLP · Accounting / audit$13,391
EMPOWER ADVISORY GROUP, LLC · Investment management$13,230

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$159,031 · 0.35%
2023$127,846 · 0.32%
2022$117,373 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Hba Health Systems, LLC FL$47.9M · 0.16%
Alivia Care, Inc. FL$47.1M · 0.41%
Simedhealth, L.L.C. FL$45.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591166437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.