Plan Ledger DOL Form 5500 · updated monthly

Fyzical, LLC401(k)

FYZICAL, LLC 401(K) PROFIT SHARING PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Fyzical, LLC reported $65,613 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $926 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 0.30% to 0.76%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,816th-largest of 3,644 plans among Florida employers on file, and the 5,815th of 11,911 in health care & social assistance. In 2024, employees put in $4.04 for every $1.00 the employer contributed; active participation has grown from 338 to 474 since 2022.

Plan summary
Net assets, end of year$9,667,520
Participants with balances356
Active participants474
Employer contributions$439,028
Employee contributions$1,773,185
Employer contribution per active participant$926
Average account balance$27,156
Benefits paid to participants$1,115,970
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 356 accts · $439K emplr
2023$7.5M · 329 accts · $320K emplr
2022$5.2M · 277 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,018
Investment management$20,595
Total administrative$65,613
The Fyzical, LLC 401(k) match · 2024
Employer contribution per active participant$926
Median for plans this size$1,313
2024$926 per active participant
2023$646 per active participant
2022$947 per active participant

Fyzical, LLC'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$45,017
MMA SECURITIES, LLC · Recordkeeping · Trustee$20,595
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, MMA SECURITIES, LLC
2023ADP, MMA SECURITIES, LLC

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

Administrative cost history3
2024$65,613 · 0.76%
2023$49,505 · 0.78%
2022$15,341 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Saluscare, Inc. FL$10.2M · 0.32%
Combined Resources, LLC FL$9.6M · 0.07%
Emed LLC FL$9.6M · 0.23%
Children First, Inc. FL$9.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460903069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.