Plan Ledger DOL Form 5500 · updated monthly

Eye Physicians of Florida401(k)

EYE PHYSICIANS OF FLORIDA 401(K) PROFIT SHARING PLAN · CORAL SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Eye Physicians of Florida reported $27,101 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,535 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 3 years on file its reported administrative ratio has held roughly steady near 0.111%. 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 928th-largest of 3,644 plans among Florida employers on file, and the 3,110th of 11,911 in health care & social assistance. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,593,364
Participants with balances220
Active participants174
Employer contributions$441,079
Employee contributions$1,097,796
Employer contribution per active participant$2,535
Average account balance$116,333
Benefits paid to participants$2,338,759
Plan auditUnmodified (clean) audit opinion
AuditorLEONARDO & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 220 accts · $441K emplr
2023$23.1M · 226 accts · $435K emplr
2022$21.6M · 224 accts · $424K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,101
Total administrative$27,101
The Eye Physicians of Florida 401(k) match · 2024
Employer contribution per active participant$2,535
Median for plans this size$2,416
2024$2,535 per active participant
2023$2,607 per active participant
2022$2,450 per active participant

Eye Physicians of Florida's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$27,101

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$27,101 · 0.11%
2023$26,744 · 0.12%
2022$26,625 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Aspire Health Partners FL$27.0M · 0.30%
Food for the Poor, Inc. FL$26.1M · 0.19%
Morselife Inc. FL$25.9M · 0.63%
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 352308681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.