Plan Ledger DOL Form 5500 · updated monthly

Academic Medical Group, Inc.403(b)

ACADEMIC MEDICAL GROUP, INC. 403(B) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Academic Medical Group, Inc. reported $22,855 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,478 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 0.05% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,065th-largest of 3,644 plans among Florida employers on file, and the 3,487th of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 1,547 to 1,948 since 2022.

Plan summary
Net assets, end of year$21,566,937
Participants with balances2,232
Active participants1,948
Employer contributions$2,878,945
Employee contributions$4,192,974
Employer contribution per active participant$1,478
Average account balance$9,663
Benefits paid to participants$1,234,306
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 2,232 accts · $2.9M emplr
2023$13.1M · 2,291 accts · $2.5M emplr
2022$5.8M · 1,821 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,855
Total administrative$22,855
Employer contributions to the Academic Medical Group, Inc. plan · 2024
Employer contribution per active participant$1,478
Median for plans this size$2,416
2024$1,478 per active participant
2023$1,388 per active participant
2022$1,148 per active participant

Academic Medical Group, Inc.'s 2024 employer contribution ran below the $2,416 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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$22,855

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$22,855 · 0.13%
2023$11,435 · 0.12%
2022$2,755 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Forkidcare, LLC FL$22.3M · 0.20%
Sanitas USA, Inc. FL$21.5M · 0.65%
Monte Nido & Affiliates FL$20.3M · 0.75%
Magruder Eye Institute FL$20.2M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 863038188 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.