Plan Ledger DOL Form 5500 · updated monthly

Eye Specialists of Mid-Florida, P.A.401(k)

EYE SPECIALISTS OF MID-FLORIDA, P.A. 401(K) PLAN · WINTER HAVEN, FL · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Eye Specialists of Mid-Florida, P.A. reported $126,476 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,279 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 rose from 0.64% to 0.73%. 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 1,208th-largest of 3,644 plans among Florida employers on file, and the 4,000th of 11,911 in health care & social assistance. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has shrunk from 190 to 165 since 2022.

Plan summary
Net assets, end of year$17,863,540
Participants with balances241
Active participants165
Employer contributions$376,050
Employee contributions$587,316
Employer contribution per active participant$2,279
Average account balance$74,123
Benefits paid to participants$2,014,836
Plan auditUnmodified (clean) audit opinion
AuditorBUNTING, TRIPP & INGLEY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 241 accts · $376K emplr
2023$16.9M · 227 accts · $281K emplr
2022$15.8M · 237 accts · $740K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,476
Total administrative$126,476
The Eye Specialists of Mid-Florida, P.A. 401(k) match · 2024
Employer contribution per active participant$2,279
Median for plans this size$2,416
2024$2,279 per active participant
2023$1,618 per active participant
2022$3,892 per active participant

Eye Specialists of Mid-Florida, P.A.'s 2024 employer contribution ran below 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 · 20245
ADVUS FINANCIAL PARTNERS LLC · Investment advisory (plan)$33,328
BUNTING TRIPP & INGLEY LLP · Accounting / audit$13,150
DEFINITI LLC · Contract administrator$10,464
EMPOWER ADVISORY GROUP, LLC · Investment management$2,774

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

Administrative cost history3
2024$126,476 · 0.73%
2023$123,369 · 0.75%
2022$111,238 · 0.64%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 591268685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.