Plan Ledger DOL Form 5500 · updated monthly

Baptist Health Ventures, Inc.401(k)

BAPTIST HEALTH CARE CORPORATION RETIREMENT SAVINGS 401(K) PLAN · PENSACOLA, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Baptist Health Ventures, Inc. reported $93,058 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $36 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 0.23% to 0.28%. 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 723rd-largest of 3,644 plans among Florida employers on file, and the 2,474th of 11,911 in health care & social assistance. In 2024, employees put in $13.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,782,054
Participants with balances337
Active participants472
Employer contributions$16,905
Employee contributions$233,420
Employer contribution per active participant$36
Average account balance$103,211
Benefits paid to participants$1,484,723
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.8M · 337 accts · $17K emplr
2023$31.1M · 355 accts · $28K emplr
2022$27.4M · 367 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,033
Investment management$20,747
Audit (IQPA)$4,385
Total administrative$93,058
The Baptist Health Ventures, Inc. 401(k) match · 2024
Employer contribution per active participant$36
Median for plans this size$2,416
2024$36 per active participant
2023$57 per active participant
2022$257 per active participant

Baptist Health Ventures, Inc.'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
VOYA INSTITUTIONAL PLAN SERVICES · Other services · Investment management$30,836
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$14,622
BRADLEY ARANT BOULT CUMMINGS LLP · Legal$4,000

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$93,058 · 0.28%
2023$96,159 · 0.33%
2022$71,641 · 0.23%
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 592415910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.