Plan Ledger DOL Form 5500 · updated monthly

Baptist Health South Florida, Inc.403(b)

BAPTIST HEALTH SOUTH FLORIDA, INC. 403(B) EMPLOYEE RETIREMENT PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Baptist Health South Florida, Inc. reported $2,690,316 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,638 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 0.09% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 14th-largest of 3,644 plans among Florida employers on file, and the 62nd of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,663,638,024
Participants with balances35,041
Active participants27,513
Employer contributions$100,104,439
Employee contributions$169,820,871
Employer contribution per active participant$3,638
Average account balance$76,015
Benefits paid to participants$218,499,653
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7B · 35,041 accts · $100.1M emplr
2023$2.3B · 33,670 accts · $92.1M emplr
2022$1.9B · 32,127 accts · $81.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,644,056
Investment management$46,260
Total administrative$2,690,316
Employer contributions to the Baptist Health South Florida, Inc. plan · 2024
Employer contribution per active participant$3,638
Median for plans this size$5,259
2024$3,638 per active participant
2023$3,522 per active participant
2022$3,249 per active participant

Baptist Health South Florida, Inc.'s 2024 employer contribution ran below the $5,259 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 · 20245
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$2,644,057
LARSON FINANCIAL GROUP · Securities brokerage$8,461
SLATESTONE WEALTH LLC · Securities brokerage$8,077
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,229
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$2,690,316 · 0.11%
2023$2,259,934 · 0.11%
2022$1,919,142 · 0.09%
All plans at this employer2
BAPTIST HEALTH ENTERPRISES, INC. 401(K) EMPLOYEE RETIREMENT PLAN401(k)
BAPTIST HEALTH SOUTH FLORIDA, INC. 403(B) EMPLOYEE RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Baycare Health System FL$3.1B · 0.06%
Emory Healthcare, Inc. GA$2.8B · 0.04%
Ohiohealth OH$2.7B · 0.03%
Ochsner Clinic Foundation LA$2.7B · 0.11%
Wellspan Health PA$2.6B · 0.08%
Group Health Plan, Inc. MN$2.6B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650267668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.