Plan Ledger DOL Form 5500 · updated monthly

Associatesmd Medical Group, Inc401(k)

ASSOCIATESMD MEDICAL GROUP 401K PLAN · DAVIE, FL · plan year 2024

Reported admin expense ratio · 2024
0.37%

Associatesmd Medical Group, Inc reported $13,217 in plan administrative expenses for 2024: 0.37% of average plan assets, below the peer median. 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 0.37%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,745th of 3,644), and 8,746th of 11,911 in health care & social assistance. active participation has shrunk from 266 to 174 since 2022.

Plan summary
Net assets, end of year$3,723,283
Participants with balances91
Active participants174
Employer contributions—
Employee contributions$569,539
Employer contribution per active participant—
Average account balance$40,915
Benefits paid to participants$700,979
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 91 accts
2023$3.4M · 103 accts · $500 emplr
2022$2.7M · 118 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,999
Investment management$9,218
Total administrative$13,217
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
BUCKMAN ADVISORY GROUP LLC · Recordkeeping · Trustee$9,218
ADP, INC. · Loan processing · Recordkeeping$3,998

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

Recordkeeper by year2
2024ADP, BUCKMAN ADVISORY GROUP LLC
2023ADP, BUCKMAN ADVISORY GROUP LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,217 · 0.37%
2023$9,570 · 0.31%
2022$13,375 · 0.48%
Similar plansHealth Care & Social Assistance · Florida
Doctors Memorial Hospital FL$3.8M · 0.56%
Daniel Memorial, Inc. FL$3.7M · 1.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843548530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.