Florida Eye Consultants, Inc.401(k)
FLORIDA EYE CONSULTANTS, INC. 401(K) PROFIT SHARING PLAN · MELBOURNE, FL · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Florida Eye Consultants, Inc. reported $47,912 in plan administrative expenses for 2023: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,888 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 0.60% to 0.66%. 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 (1,907th of 3,644), and 6,094th of 11,911 in health care & social assistance. In 2023, employees put in $1.79 for every $1.00 the employer contributed.
Florida Eye Consultants, Inc.'s 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 593395074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.