Plan Ledger DOL Form 5500 · updated monthly

Florida Digestive Health Specialists, LLP401(k)

FLORIDA DIGESTIVE HEALTH SPECIALISTS, LLP EMPLOYEES SAVINGS TRUST · LAKEWOOD RANCH, FL · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Florida Digestive Health Specialists, LLP reported $84,799 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $8,638 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 fell from 0.30% to 0.25%. 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 721st-largest of 3,644 plans among Florida employers on file, and the 2,462nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.61 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,051,433
Participants with balances364
Active participants246
Employer contributions$2,125,069
Employee contributions$1,320,847
Employer contribution per active participant$8,638
Average account balance$96,295
Benefits paid to participants$6,836,165
Plan auditUnmodified (clean) audit opinion
AuditorPDR CPAS + ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$35.1M · 364 accts · $2.1M emplr
2023$34.1M · 309 accts · $2.1M emplr
2022$28.0M · 320 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,325
Investment management$11,666
Audit (IQPA)$13,808
Total administrative$84,799
The Florida Digestive Health Specialists, LLP 401(k) match · 2024
Employer contribution per active participant$8,638
Median for plans this size$2,416
2024$8,638 per active participant
2023$8,527 per active participant
2022$7,032 per active participant

Florida Digestive Health Specialists, LLP'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 · 20244
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$21,949
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$37,377
PDR CPAS & ADVISORS · Accounting / audit$13,808
KOVACK ADVISORS INC · Investment advisory (plan)$7,452

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$84,799 · 0.25%
2023$98,467 · 0.32%
2022$90,080 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 270709861 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.