Plan Ledger DOL Form 5500 · updated monthly

Gastro Health, LLC401(k)

GASTRO HEALTH 401(K) RETIREMENT PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Gastro Health, LLC reported $661,790 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,800 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 0.23% to 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 141st-largest of 3,644 plans among Florida employers on file, and the 539th of 11,911 in health care & social assistance. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$264,224,975
Participants with balances2,833
Active participants2,155
Employer contributions$14,653,121
Employee contributions$12,337,095
Employer contribution per active participant$6,800
Average account balance$93,267
Benefits paid to participants$31,606,938
Plan auditUnmodified (clean) audit opinion
AuditorGPKLEG, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$264.2M · 2,833 accts · $14.7M emplr
2023$234.2M · 2,851 accts · $13.9M emplr
2022$170.4M · 2,413 accts · $11.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$364,635
Investment management$297,155
Total administrative$661,790
The Gastro Health, LLC 401(k) match · 2024
Employer contribution per active participant$6,800
Median for plans this size$3,635
2024$6,800 per active participant
2023$6,486 per active participant
2022$5,994 per active participant

Gastro Health, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$65,994
MERRILL LYNCH · Investment advisory (participants)$140,447

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$661,790 · 0.27%
2023$582,404 · 0.29%
2022$401,716 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Genesiscare USA, Inc. FL$265.8M · 0.10%
Florida Woman Care, LLC FL$254.8M · 0.16%
Florida Medical Clinic, LLC FL$228.7M · 0.07%
Uwh of the Carolinas, PLLC FL$228.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203400983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.