Plan Ledger DOL Form 5500 · updated monthly

Harris, Wilcox & Donovan, P.A. dba Clay Eye Physi401(k)

CLAY EYE PHYSICIANS & SURGEONS 401(K) PROFIT SHARING PLAN · ORANGE PARK, FL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Harris, Wilcox & Donovan, P.A. dba Clay Eye Physi reported $7,911 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,076 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 0.03% to 0.05%. 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 1,160th-largest of 3,644 plans among Florida employers on file, and the 3,831st of 11,911 in health care & social assistance. In 2024, the employer put in $1.78 for every $1.00 employees contributed themselves; active participation has grown from 89 to 114 since 2022.

Plan summary
Net assets, end of year$18,975,424
Participants with balances198
Active participants114
Employer contributions$806,716
Employee contributions$454,276
Employer contribution per active participant$7,076
Average account balance$95,835
Benefits paid to participants$110,630
Plan auditUnmodified (clean) audit opinion
AuditorENNIS, PELLUM, & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$19.0M · 198 accts · $807K emplr
2023$15.4M · 141 accts · $612K emplr
2022$12.1M · 142 accts · $510K emplr
Administrative expenses, itemized · 2024
Investment management$7,911
Total administrative$7,911
The Harris, Wilcox & Donovan, P.A. dba Clay Eye Physi 401(k) match · 2024
Employer contribution per active participant$7,076
Median for plans this size$2,416
2024$7,076 per active participant
2023$6,177 per active participant
2022$5,728 per active participant

Harris, Wilcox & Donovan, P.A. dba Clay Eye Physi'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
VOYA RETIREMENT INSURANCE AND ANNUI · Investment advisory (participants)$3,206
MAI CAPITAL MANAGEMENT, LLCindirect comp
ECONOMIC GROUP PENSION SERVICES · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$7,911 · 0.05%
2023$4,957 · 0.04%
2022$3,662 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 591910113 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.