Trustees of the Florida Ubc Supplemental Pension PlanMoney purchase plan
FLORIDA UBC SUPPLEMENTAL PENSION PLAN · GOODLETTSVILLE, TN · plan year 2023
Reported admin expense ratio · 2023
0.55%
Peer grade: D· admin costs + employer contributions vs same-size plans · how grading works
Trustees of the Florida Ubc Supplemental Pension Plan reported $432,685 in plan administrative expenses for 2023: 0.55% of average plan assets, higher than ~90% of peers. Employer contributions averaged $942 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 has held roughly steady near 0.55%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 193rd-largest of 1,496 plans among Tennessee employers on file, and the 1,157th of 4,798 in finance & insurance.
Plan summary
Net assets, end of year$82,443,058
Participants with balances6,292
Active participants6,292
Employer contributions$5,928,582
Employee contributions—
Employer contribution per active participant$942
Average account balance$13,103
Benefits paid to participants$4,392,281
Plan auditUnmodified (clean) audit opinion
AuditorLAPADULA CARLSON + CO.
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3.6M emplr
2023$82.4M · 6,292 accts · $5.9M emplr
2022$75.5M · 6,111 accts · $5.7M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$72,800
Investment management$298,442
Audit (IQPA)$20,164
Trustee / custodial$8,550
Total administrative$432,685
Employer contributions to the Trustees of the Florida Ubc Supplemental Pension Plan plan · 2023
Employer contribution per active participant$942
Median for plans this size$3,659
2023$942 per active participant
2022$931 per active participant
Trustees of the Florida Ubc Supplemental Pension Plan's 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Source: U.S. Department of Labor, Form 5500 series, EIN 582437220 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.