Plan Ledger DOL Form 5500 · updated monthly

Adex Medical Staffing, LLC401(k)

ADEX MEDICAL STAFFING 401(K) PLAN · TEMPLE TERRACE, FL · plan year 2024

Reported admin expense ratio · 2024
2.39%

Adex Medical Staffing, LLC reported $96,249 in plan administrative expenses for 2024: 2.39% 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 rose from 2.25% to 2.39%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (2,620th of 3,644), and 1,527th of 2,534 in administrative & support services. active participation has shrunk from 734 to 581 since 2022.

Plan summary
Net assets, end of year$4,345,377
Participants with balances562
Active participants581
Employer contributions—
Employee contributions$1,052,224
Employer contribution per active participant—
Average account balance$7,732
Benefits paid to participants$850,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 562 accts
2023$3.7M · 540 accts
2022$2.2M · 464 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,249
Total administrative$96,249
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$91,048
JANET A. PANEBIANCO, CPA, PLLC · Contract administrator · Other services$5,200
PSI ADVISORS LLC · Investment advisory (plan)indirect comp
WILSHIRE ASSOCIATES LLC · Investment advisory (plan)indirect comp

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$96,249 · 2.39%
2023$69,045 · 2.32%
2022$40,079 · 2.25%
Same employer
Similar plansAdministrative & Support Services · Florida
Luke & Associates, Inc. FL$4.9M · 1.50%
Howard Leasing, Inc. FL$4.5M · 1.23%
Patronus Systems Inc. FL$4.4M · 1.76%
Sherloq Solutions, Inc. FL$4.2M · 0.37%
One Touch Direct, LLC FL$4.1M · 0.70%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 200951539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.