Plan Ledger DOL Form 5500 · updated monthly

Apyx Medical Corporation401(k)

APYX MEDICAL 401(K) PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Apyx Medical Corporation reported $55,539 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,757 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 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,498th-largest of 3,644 plans among Florida employers on file, and 7,706th of 13,661 in manufacturing. In 2024, employees put in $3.22 for every $1.00 the employer contributed; active participation has shrunk from 140 to 98 since 2022.

Plan summary
Net assets, end of year$13,022,064
Participants with balances171
Active participants98
Employer contributions$368,216
Employee contributions$1,185,503
Employer contribution per active participant$3,757
Average account balance$76,152
Benefits paid to participants$1,892,080
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 171 accts · $368K emplr
2023$11.7M · 169 accts · $390K emplr
2022$10.2M · 175 accts · $406K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,860
Investment management$33,679
Total administrative$55,539
The Apyx Medical Corporation 401(k) match · 2024
Employer contribution per active participant$3,757
Median for plans this size$2,416
2024$3,757 per active participant
2023$3,301 per active participant
2022$2,897 per active participant

Apyx Medical Corporation's 2024 employer contribution ran above 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 · 20242
CARY STREET PARTNERS INVESTMENT · Investment advisory (plan)$30,086
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$21,860

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$55,539 · 0.45%
2023$53,319 · 0.49%
2022$51,058 · 0.48%
Same employer
Similar plansManufacturing · Florida
Valeda Company LLC FL$13.1M · 0.66%
Merrick Industries, Inc. FL$13.1M · 0.51%
Gunderlin, LTD. FL$12.9M · 0.37%
The Fathers Table LLC FL$12.8M · 1.00%
Valley Forge Fabrics, Inc. FL$12.5M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112644611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.