Plan Ledger DOL Form 5500 · updated monthly

Health First, Inc.401(k)

HEALTH FIRST RETIREMENT SAVINGS PLAN · MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Health First, Inc. reported $929,351 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $1,343 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 3 years on file its reported administrative ratio has held roughly steady near 0.109%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 52nd-largest of 3,644 plans among Florida employers on file, and the 207th of 11,911 in health care & social assistance. In 2024, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$903,003,522
Participants with balances10,339
Active participants9,278
Employer contributions$12,456,631
Employee contributions$44,835,990
Employer contribution per active participant$1,343
Average account balance$87,340
Benefits paid to participants$88,960,274
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$903.0M · 10,339 accts · $12.5M emplr
2023$809.8M · 9,989 accts · $12.1M emplr
2022$691.7M · 8,941 accts · $11.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$793,982
Investment management$110,555
Total administrative$929,351
The Health First, Inc. 401(k) match · 2024
Employer contribution per active participant$1,343
Median for plans this size$4,294
2024$1,343 per active participant
2023$1,331 per active participant
2022$1,274 per active participant

Health First, Inc.'s 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20245
MILLIMAN, INC. · Recordkeeping · Pension consulting$793,982
SAVANT CAPITAL LLC · Investment advisory (participants) · Investment management$70,317
INVESTMENT RESEARCH & ADV. GRP., IN · Investment advisory (participants) · Investment management$35,000
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$1,166
CHARLES SCHWAB & CO., INC. · Custodial (securities) · Trustee (directed)$135

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$929,351 · 0.11%
2023$834,313 · 0.11%
2022$745,696 · 0.11%
All plans at this employer3
PRIVIA MEDICAL GROUP 401(K) PLAN401(k)
HEALTH FIRST FROZEN 403(B) PLAN403(b)
HEALTH FIRST RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Pmg Services, Inc. FL$1.9B · 0.04%
Orlando Health, Inc. FL$1.9B · 0.09%
The Nemours Foundation FL$1.3B · 0.10%
Lee Health System, Inc. FL$1.3B · 0.01%
Baptist Health System, Inc. FL$782.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593336894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.