Plan Ledger DOL Form 5500 · updated monthly

Twin Oaks Juvenile Development, Inc.401(k)

TWIN OAKS JUVENILE DEVELOPMENT, INC. 401(K) PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Twin Oaks Juvenile Development, Inc. reported $43,706 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $178 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 0.81% to 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,442nd of 3,644), and 2,253rd of 3,341 in other services. In 2024, employees put in $5.13 for every $1.00 the employer contributed; active participation has grown from 455 to 516 since 2022.

Plan summary
Net assets, end of year$5,257,307
Participants with balances168
Active participants516
Employer contributions$91,613
Employee contributions$469,594
Employer contribution per active participant$178
Average account balance$31,293
Benefits paid to participants$117,181
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 168 accts · $92K emplr
2023$4.0M · 146 accts · $69K emplr
2022$3.3M · 103 accts · $55K emplr
The Twin Oaks Juvenile Development, Inc. 401(k) match · 2024
Employer contribution per active participant$178
Median for plans this size$1,313
2024$178 per active participant
2023$141 per active participant
2022$121 per active participant

Twin Oaks Juvenile Development, Inc.'s 2024 employer contribution ran below the $1,313 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
DP GROW LLC · Investment advisory (plan)$33,063
THE ACTUARIAL CONSULTING GROUP · Contract administrator$5,826
EMPOWER ADVISORY GROUP, LLC · Investment management$1,285

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$43,706 · 0.94%
2023$33,109 · 0.91%
2022$27,931 · 0.81%
Same employer
Similar plansOther Services · Florida
Jimco Maintenance Inc. FL$5.4M · 0.98%
Quiet Professionals LLC FL$5.3M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593512790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.