Plan Ledger DOL Form 5500 · updated monthly

Advanced Recovery Systems, LLC401(k)

ARS 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Advanced Recovery Systems, LLC reported $28,391 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $619 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 1.07% to 0.18%. 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 1,238th-largest of 3,644 plans among Florida employers on file, and the 4,067th of 11,911 in health care & social assistance. In 2024, employees put in $3.79 for every $1.00 the employer contributed; active participation has grown from 1,122 to 1,357 since 2022.

Plan summary
Net assets, end of year$17,436,972
Participants with balances1,512
Active participants1,357
Employer contributions$840,029
Employee contributions$3,181,545
Employer contribution per active participant$619
Average account balance$11,532
Benefits paid to participants$2,583,717
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 1,512 accts · $840K emplr
2023$13.8M · 1,248 accts · $905K emplr
2022$8.4M · 995 accts · $694K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,391
Total administrative$28,391
The Advanced Recovery Systems, LLC 401(k) match · 2024
Employer contribution per active participant$619
Median for plans this size$2,416
2024$619 per active participant
2023$692 per active participant
2022$618 per active participant

Advanced Recovery Systems, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
QUALIFIED PLAN ADMINISTRATORS, INC.$7,461
MORNINGSTAR · 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$28,391 · 0.18%
2023$37,831 · 0.34%
2022$85,610 · 1.07%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Trenton Medical Center Inc. FL$17.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800964046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.