Plan Ledger DOL Form 5500 · updated monthly

Coastal Orthopedics & Sports Medicine of Southwest Florida, P.A.401(k)

COASTAL ORTHOPEDICS & SPORTS MEDICINE OF SOUTHWEST FLORIDA 401(K) PROFIT SHARING PLAN · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Coastal Orthopedics & Sports Medicine of Southwest Florida, P.A. reported $93,890 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $6,762 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 0.49% to 0.42%. 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 937th-largest of 3,644 plans among Florida employers on file, and the 3,142nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$25,214,223
Participants with balances309
Active participants214
Employer contributions$1,447,104
Employee contributions$1,124,244
Employer contribution per active participant$6,762
Average account balance$81,599
Benefits paid to participants$902,309
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.2M · 309 accts · $1.4M emplr
2023$19.5M · 278 accts · $876K emplr
2022$15.7M · 253 accts · $814K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$93,890
Total administrative$93,890
The Coastal Orthopedics & Sports Medicine of Southwest Florida, P.A. 401(k) match · 2024
Employer contribution per active participant$6,762
Median for plans this size$2,416
2024$6,762 per active participant
2023$4,000 per active participant
2022$4,132 per active participant

Coastal Orthopedics & Sports Medicine of Southwest Florida, P.A.'s 2024 employer contribution ran above the $2,416 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 · 20244
NATIONWIDE · Recordkeeping$49,097
NEWPORT GROUP, INC. · Recordkeeping · Pension consulting$28,526
IFP ADVISORS, INC. · Investment advisory (participants)$50,975
BISON WEALTH LLC · Investment advisory (participants)$20,490

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

Recordkeeper by year2
2024Nationwide, Newport (Ascensus)
2023Nationwide, Newport (Ascensus)

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

Administrative cost history3
2024$93,890 · 0.42%
2023$143,627 · 0.81%
2022$87,587 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Morselife Inc. FL$25.9M · 0.63%
Eye Physicians of Florida FL$25.6M · 0.11%
Diversus Health, Inc. FL$25.1M · 0.52%
Solaris Foundation, Inc. FL$24.8M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591466615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.