Plan Ledger DOL Form 5500 · updated monthly

Everwell Specialty Pharmacy, LLC401(k)

REVELATION PHARMACY RETIREMENT SAVINGS PLAN · PENSACOLA, FL · plan year 2023

Reported admin expense ratio · 2023
1.10%

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

Everwell Specialty Pharmacy, LLC reported $38,457 in plan administrative expenses for 2023: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,412 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 0.87% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,560th of 3,644), and 11,399th of 13,661 in manufacturing. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,636,213
Participants with balances180
Active participants306
Employer contributions$431,996
Employee contributions$800,589
Employer contribution per active participant$1,412
Average account balance$25,757
Benefits paid to participants$877,382
Plan auditUnmodified (clean) audit opinion
AuditorAVIZO GROUP
Plan history2
Yearassets · accounts · employer contribution
2023$4.6M · 180 accts · $432K emplr
2022$2.4M · 112 accts · $266K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,205
Investment management$15,002
Total administrative$38,457
The Everwell Specialty Pharmacy, LLC 401(k) match · 2023
Employer contribution per active participant$1,412
Median for plans this size$1,308
2023$1,412 per active participant
2022$1,644 per active participant

Everwell Specialty Pharmacy, LLC's 2023 employer contribution ran above the $1,308 median for plans its size. 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
THE PENSION CENTER OF FLORIDA · Accounting / audit · Recordkeeping$1,250
MMA SECURITIES LLC · Investment advisory (participants)$15,002

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$38,457 · 1.10%
2022$19,044 · 0.87%
Similar plansManufacturing · Florida
Skagfield Corporation FL$4.8M · 0.13%
Chemical Containers, Inc. FL$4.7M · 0.07%
Atlas Paper Mills, LLC FL$4.6M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200283738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.