Plan Ledger DOL Form 5500 · updated monthly

Clearwater Cardiovascular and Interventional Consultants, MD, PA401(k)

CLEARWATER CARDIOVASCULAR AND INTERVENTIONAL CONSULTANTS, MD, PA 401(K) PROFIT SHARING PLAN · CLEARWATER, FL · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Clearwater Cardiovascular and Interventional Consultants, MD, PA reported $277,579 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,761 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 1 year on file its reported administrative ratio rose from 0.51% to 0.61%. 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 538th-largest of 3,644 plans among Florida employers on file, and the 1,886th of 11,911 in health care & social assistance. In 2023, the employer put in $1.20 for every $1.00 employees contributed themselves; active participation has grown from 141 to 157 since 2022.

Plan summary
Net assets, end of year$49,568,500
Participants with balances224
Active participants157
Employer contributions$1,532,414
Employee contributions$1,278,050
Employer contribution per active participant$9,761
Average account balance$221,288
Benefits paid to participants$921,837
Plan auditUnmodified (clean) audit opinion
AuditorSPOOR BUNCH FRANZ
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.6M emplr
2023$49.6M · 224 accts · $1.5M emplr
2022$41.8M · 207 accts · $1.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$37,800
Investment management$239,779
Total administrative$277,579
The Clearwater Cardiovascular and Interventional Consultants, MD, PA 401(k) match · 2023
Employer contribution per active participant$9,761
Median for plans this size$2,440
2023$9,761 per active participant
2022$11,237 per active participant

Clearwater Cardiovascular and Interventional Consultants, MD, PA's 2023 employer contribution ran above the $2,440 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 · 20239
PCS · Recordkeeping$25,310
MERRILL LYNCH · Custodial · Investment management$61,949
PROVISE MANAGEMENT GROUP LLC · Investment advisory (plan)$55,760
CHARLES SCHWAB · Custodial (securities)$40,848
MORGANSTANLEY · Investment management$28,986
RAYMOND JAMES · Custodial (securities)$24,460
LPL FINANCIAL GROUP · Investment management$23,222
FLORIDA RETIREMENT CONSULTANTS · Contract administrator$12,490
REGIONS BANK · Investment management$5,001

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

Recordkeeper by year2
2024PCS
2023PCS

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

Administrative cost history3
2024Not separately reported
2023$277,579 · 0.61%
2022$223,200 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Eugene Therapy, LLC FL$50.3M · 0.52%
Hba Health Systems, LLC FL$47.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591707138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.