Plan Ledger DOL Form 5500 · updated monthly

Filutowski Eye Institute, P.A.401(k)

401(K)/PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FILUTOWSKI EYE INSTITUTE, P.A. · LONGWOOD, FL · plan year 2023

Reported admin expense ratio · 2023
0.77%

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

Filutowski Eye Institute, P.A. reported $57,912 in plan administrative expenses for 2023: 0.77% of average plan assets, above the peer median. Employer contributions averaged $3,897 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 has held roughly steady near 0.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,075th of 3,644), and 6,626th of 11,911 in health care & social assistance. In 2023, the employer put in $1.86 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,582,647
Participants with balances89
Active participants73
Employer contributions$284,492
Employee contributions$153,268
Employer contribution per active participant$3,897
Average account balance$85,198
Benefits paid to participants$843,379
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY + NOVOTNY LLC
Plan history2
Yearassets · accounts · employer contribution
2023$7.6M · 89 accts · $284K emplr
2022$7.5M · 121 accts · $262K emplr
Administrative expenses, itemized · 2023
Investment management$56,557
Total administrative$57,912
The Filutowski Eye Institute, P.A. 401(k) match · 2023
Employer contribution per active participant$3,897
Median for plans this size$1,308
2023$3,897 per active participant
2022$3,903 per active participant

Filutowski Eye Institute, P.A.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
DAVID VAUGHAN INVESTMENTS, LLC$56,557

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$57,912 · 0.77%
2022$60,019 · 0.76%
Similar plansHealth Care & Social Assistance · Florida
Hospice of St Francis FL$7.8M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593111497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.