Plan Ledger DOL Form 5500 · updated monthly

First Coast Cardiovascular Institute401(k)

FIRST COAST CARDIOVASCULAR INSTITUTE 401(K) PS PLAN & TRUST · JACKSONVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

First Coast Cardiovascular Institute reported $35,686 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $1,174 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 0.73% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Florida (2,478th of 3,644), and 2,284th of 3,341 in other services. In 2024, employees put in $4.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,054,612
Participants with balances145
Active participants125
Employer contributions$146,795
Employee contributions$674,296
Employer contribution per active participant$1,174
Average account balance$34,859
Benefits paid to participants$313,703
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 145 accts · $147K emplr
2023$4.0M · 134 accts · $129K emplr
2022$3.3M · 137 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,686
Total administrative$35,686
The First Coast Cardiovascular Institute 401(k) match · 2024
Employer contribution per active participant$1,174
Median for plans this size$1,313
2024$1,174 per active participant
2023$1,146 per active participant
2022$1,567 per active participant

First Coast Cardiovascular Institute's 2024 employer contribution ran below the $1,313 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
NESTEGGS RETIREMENT PLAN SVCS, INC. · Claims processing · Recordkeeping$35,686

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

Recordkeeper by year2
2024NESTEGGS RETIREMENT PLAN SVCS, INC.
2023NESTEGGS RETIREMENT PLAN SVCS, INC.

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

Administrative cost history3
2024$35,686 · 0.78%
2023$29,033 · 0.79%
2022$23,178 · 0.73%
Same employer
Similar plansOther Services · Florida
Palmas Services LLC FL$4.9M · 0.90%
Herd Enterprises, Inc. FL$4.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470854466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.