Plan Ledger DOL Form 5500 · updated monthly

The Florida Center for Early Childhood, Inc.401(k)

403(B) THRIFT PLAN OF THE FLORIDA CENTER FOR EARLY CHILDHOOD, INC. · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

The Florida Center for Early Childhood, Inc. reported $1,542 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,027 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 0.02% to 0.03%. 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 (2,389th of 3,644), and 7,604th of 11,911 in health care & social assistance. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,557,682
Participants with balances243
Active participants152
Employer contributions$156,156
Employee contributions$280,281
Employer contribution per active participant$1,027
Average account balance$22,871
Benefits paid to participants$527,626
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 243 accts · $156K emplr
2023$5.0M · 208 accts · $132K emplr
2022$4.2M · 183 accts · $135K emplr
The The Florida Center for Early Childhood, Inc. 401(k) match · 2024
Employer contribution per active participant$1,027
Median for plans this size$1,313
2024$1,027 per active participant
2023$859 per active participant
2022$920 per active participant

The Florida Center for Early Childhood, 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$2,487

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,542 · 0.03%
2023$620 · 0.01%
2022$700 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Pcc Medical Holdings LLC FL$5.5M · 0.78%
Qsm Health Systems, Inc. FL$5.5M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591947024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.