Plan Ledger DOL Form 5500 · updated monthly

Abc Home Medical Supply, Inc401(k)

ABC HOME MEDICAL SUPPLY, INC 401(K) PLAN · PORT ST. LUCIE, FL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Abc Home Medical Supply, Inc reported $22,482 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,446 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 fell from 0.48% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Florida (2,306th of 3,644), and 630th of 786 in management of companies. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 207 to 242 since 2022.

Plan summary
Net assets, end of year$6,124,352
Participants with balances175
Active participants242
Employer contributions$349,870
Employee contributions$588,450
Employer contribution per active participant$1,446
Average account balance$34,996
Benefits paid to participants$598,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 175 accts · $350K emplr
2023$4.7M · 164 accts · $311K emplr
2022$3.3M · 143 accts · $277K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,482
Total administrative$22,482
The Abc Home Medical Supply, Inc 401(k) match · 2024
Employer contribution per active participant$1,446
Median for plans this size$1,313
2024$1,446 per active participant
2023$1,523 per active participant
2022$1,336 per active participant

Abc Home Medical Supply, Inc's 2024 employer contribution ran above 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$22,481

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$22,482 · 0.42%
2023$15,361 · 0.39%
2022$15,670 · 0.48%
Similar plansManagement of Companies · Florida
Kimmins Corp. FL$8.1M · 0.06%
Seven Isles Capital LLC FL$6.9M · 1.11%
Archwell Solutions, LLC FL$6.1M · 0.35%
Oglethorpe, Inc. FL$5.6M · 1.61%
1618 Holding, LLC FL$4.3M · 1.02%
Legendary Svs, LLC FL$4.2M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510443844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.