Plan Ledger DOL Form 5500 · updated monthly

The Chrysalis Center, Inc.401(k)

THE CHRYSALIS CENTER 401(K) PLAN · MIAMI, 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

The Chrysalis Center, Inc. reported $78,233 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $817 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 0.60% to 0.68%. 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 1,521st-largest of 3,644 plans among Florida employers on file, and the 4,964th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 518 to 672 since 2021.

Plan summary
Net assets, end of year$12,754,305
Participants with balances287
Active participants672
Employer contributions$549,287
Employee contributions$1,022,295
Employer contribution per active participant$817
Average account balance$44,440
Benefits paid to participants$583,289
Plan auditQualified audit opinion
AuditorDE LA HOZ, PEREZ & BARBEITO, PLLC
Plan history4
Yearassets · accounts · employer contribution
2024$12.8M · 287 accts · $549K emplr
2023$10.2M · 246 accts · $423K emplr
2022$8.2M · 260 accts · $379K emplr
2021$9.3M · 226 accts · $309K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,694
Investment management$28,539
Total administrative$78,233
The The Chrysalis Center, Inc. 401(k) match · 2024
Employer contribution per active participant$817
Median for plans this size$2,416
2024$817 per active participant
2023$732 per active participant
2022$580 per active participant
2021$597 per active participant

The Chrysalis 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
JOHN HANCOCK · Recordkeeping · Loan processing$49,694
RAYMOND JAMES & ASSOCIATES, INC. · Other services · Investment advisory (plan)$28,539

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 history4
2024$78,233 · 0.68%
2023$66,567 · 0.73%
2022$59,675 · 0.68%
2021$51,301 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Florida
United Way Miami, Inc. FL$12.9M · 0.27%
Embrace Families, Inc. FL$12.8M · 0.49%
Westminster Services, Inc. FL$12.5M · 0.77%
Pinnacle Home Care, Inc. FL$12.3M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201966531 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.