Cano Health, LLC401(k)
CANO HEALTH 401(K) PLAN · MIAMI, FL · plan year 2023
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Cano Health, LLC reported $215,180 in plan administrative expenses for 2023: 1.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.10% to 0.91%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 971st-largest of 3,644 plans among Florida employers on file, and the 3,232nd of 11,911 in health care & social assistance. active participation has shrunk from 4,343 to 2,675 since 2022.
Cano Health, LLC's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Cano Health, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 264543872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.