Plan Ledger DOL Form 5500 · updated monthly

Flagler Hospital, Inc.Money purchase plan

FLAGLER HOSPITAL MONEY ACCUMULATION PLAN AND TRUST · ST. AUGUSTINE, FL · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Flagler Hospital, Inc. reported $110,690 in plan administrative expenses for 2023: 0.19% of average plan assets, above the peer median. Employer contributions averaged $1,786 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 0.21% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 458th-largest of 3,644 plans among Florida employers on file, and the 1,579th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$61,359,094
Participants with balances1,822
Active participants1,369
Employer contributions$2,445,675
Employee contributions$0
Employer contribution per active participant$1,786
Average account balance$33,677
Benefits paid to participants$6,097,625
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.2M · 1,382 accts · $3.9M emplr
2023$61.4M · 1,822 accts · $2.4M emplr
2022$56.2M · 2,269 accts · $3.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$110,690
Total administrative$110,690
Employer contributions to the Flagler Hospital, Inc. plan · 2023
Employer contribution per active participant$1,786
Median for plans this size$3,659
2024$2,795 per active participant
2023$1,786 per active participant
2022$2,225 per active participant

Flagler Hospital, Inc.'s 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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

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$137,500 · 0.22%
2023$110,690 · 0.19%
2022$132,490 · 0.21%
All plans at this employer2
FLAGLER HOSPITAL MONEY ACCUMULATION PLAN AND TRUSTMoney purchase plan
FLAGLER HOSPITAL TAX SHELTERED SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Rti Surgical, Inc. FL$61.5M · 0.25%
Gessler Clinic P.A. FL$60.4M · 0.01%
Mdvip, LLC FL$58.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590675143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.