Plan Ledger DOL Form 5500 · updated monthly

Brevard Physician Associates, PLLC401(k)

BREVARD PHYSICIAN ASSOCIATES, 401(K) PROFIT SHARING PLAN · MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Brevard Physician Associates, PLLC reported $1,288 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $17,298 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 0.002% to 0.001%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 281st-largest of 3,644 plans among Florida employers on file, and the 931st of 11,911 in health care & social assistance. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$120,786,634
Participants with balances357
Active participants242
Employer contributions$4,186,128
Employee contributions$2,796,042
Employer contribution per active participant$17,298
Average account balance$338,338
Benefits paid to participants$8,950,971
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$120.8M · 357 accts · $4.2M emplr
2023$100.8M · 329 accts · $4.4M emplr
2022$77.6M · 306 accts · $4.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,288
Total administrative$1,288
The Brevard Physician Associates, PLLC 401(k) match · 2024
Employer contribution per active participant$17,298
Median for plans this size$3,635
2024$17,298 per active participant
2023$19,640 per active participant
2022$18,356 per active participant

Brevard Physician Associates, PLLC's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
FID INV INST OPS CO · Loan processing$2,692

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$1,288 · 0.00%
2023$1,573 · 0.00%
2022$1,631 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Jupiter Medical Center, Inc. FL$126.0M · 0.30%
Lakeview Center, Inc. FL$116.7M · 0.30%
Radiology Imaging Associates FL$112.4M · 0.08%
One Call Corporation FL$97.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462439952 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.