Plan Ledger DOL Form 5500 · updated monthly

Cardiovascular Institute of Central Florida, LLC401(k)

CARDIOVASCULAR INSTITUTE OF CENTRAL FLORIDA, LLC 401(K) PLAN · OCALA, FL · plan year 2023

Reported admin expense ratio · 2023
0.52%

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

Cardiovascular Institute of Central Florida, LLC reported $42,226 in plan administrative expenses for 2023: 0.52% of average plan assets, above the peer median. Employer contributions averaged $4,946 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 has held roughly steady near 0.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (1,889th of 3,644), and 6,035th of 11,911 in health care & social assistance. In 2023, the employer put in $1.32 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,078,195
Participants with balances121
Active participants137
Employer contributions$677,591
Employee contributions$513,372
Employer contribution per active participant$4,946
Average account balance$75,026
Benefits paid to participants$123,710
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$9.1M · 121 accts · $678K emplr
2022$7.0M · 133 accts · $648K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,144
Investment management$20,082
Total administrative$42,226
The Cardiovascular Institute of Central Florida, LLC 401(k) match · 2023
Employer contribution per active participant$4,946
Median for plans this size$1,308
2023$4,946 per active participant
2022$5,636 per active participant

Cardiovascular Institute of Central Florida, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,144
MORGAN STANLEY GLOBAL · Investment advisory (plan)$13,821

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

Administrative cost history2
2023$42,226 · 0.52%
2022$37,254 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Professional Care I, Inc. FL$9.2M · 0.31%
Plymouth Harbor, Inc. FL$8.8M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205476847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.