Plan Ledger DOL Form 5500 · updated monthly

Truecore Behavioral Solutions401(k)

TRUECORE BEHAVIORAL SOLUTIONS 401(K) PLAN · TAMPA, FL · plan year 2023

Reported admin expense ratio · 2023
1.46%

Truecore Behavioral Solutions reported $48,686 in plan administrative expenses for 2023: 1.46% of average plan assets, higher than ~90% of peers. 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 fell from 1.86% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,793rd of 3,644), and 1,661st of 2,534 in administrative & support services. active participation has grown from 403 to 802 since 2022.

Plan summary
Net assets, end of year$3,507,927
Participants with balances258
Active participants802
Employer contributions—
Employee contributions$276,698
Employer contribution per active participant—
Average account balance$13,597
Benefits paid to participants$381,803
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 189 accts
2023$3.5M · 258 accts
2022$3.2M · 299 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,830
Investment management$981
Audit (IQPA)$7,875
Total administrative$48,686
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$39,830
SARBEY, LEXOW & KAUFMAN, LLC · Accounting / audit$7,875

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$34,003 · 1.09%
2023$48,686 · 1.46%
2022$67,647 · 1.86%
Same employer
Similar plansAdministrative & Support Services · Florida
Cd Peo Plus, LLC FL$4.0M · 0.42%
Applicant Insight, Inc FL$3.6M · 0.40%
Priority HR I LLC FL$3.3M · 0.02%
Wecare Tlc, LLC FL$3.2M · 1.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541859903 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.