Plan Ledger DOL Form 5500 · updated monthly

Family Health Centers of Southwest Florida, Inc.401(k)

401(A) THRIFT PLAN OF FAMILY HEALTH CENTERS OF SOUTHWEST FLORIDA, INC. · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Family Health Centers of Southwest Florida, Inc. reported $8,219 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,931 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 0.02% to 0.03%. 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 823rd-largest of 3,644 plans among Florida employers on file, and the 2,804th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$29,626,685
Participants with balances851
Active participants636
Employer contributions$3,136,432
Employee contributions$0
Employer contribution per active participant$4,931
Average account balance$34,814
Benefits paid to participants$1,029,443
Plan auditUnmodified (clean) audit opinion
AuditorHSC/TUSCAN & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$29.6M · 851 accts · $3.1M emplr
2023$23.9M · 803 accts · $2.5M emplr
2022$19.4M · 768 accts · $2.4M emplr
The Family Health Centers of Southwest Florida, Inc. 401(k) match · 2024
Employer contribution per active participant$4,931
Median for plans this size$2,416
2024$4,931 per active participant
2023$4,517 per active participant
2022$3,841 per active participant

Family Health Centers of Southwest Florida, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$11,548

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$8,219 · 0.03%
2023$4,298 · 0.02%
2022$3,747 · 0.02%
All plans at this employer2
TAX DEFERRED ANNUITY PLAN OF FAMILY HEALTH CENTERS OF SOUTHWEST FLORIDA, INC.401(k)
401(A) THRIFT PLAN OF FAMILY HEALTH CENTERS OF SOUTHWEST FLORIDA, INC.401(k)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Miami Jewish Health Systems FL$30.3M · 0.28%
Novelle Health, LLC FL$29.4M · 0.35%
Childnet, Inc. FL$28.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591741273 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.