Plan Ledger DOL Form 5500 · updated monthly

Ivy Healthcare Group, LLC401(k)

IVY HEALTHCARE LLC 401(K) PLAN · SURFSIDE, FL · plan year 2022

Reported admin expense ratio · 2022
1.78%

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

Ivy Healthcare Group, LLC reported $4,559 in plan administrative expenses for 2022: 1.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $31 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,556th of 3,644), and 11,594th of 11,911 in health care & social assistance. In 2022, employees put in $10.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$281,559
Participants with balances47
Active participants359
Employer contributions$11,087
Employee contributions$111,872
Employer contribution per active participant$31
Average account balance$5,991
Benefits paid to participants$69,635
Plan auditDisclaimer of opinion
AuditorALAN GOODMAN, CPA PC
Administrative expenses, itemized · 2022
Investment management$4,559
Total administrative$4,559
The Ivy Healthcare Group, LLC 401(k) match · 2022
Employer contribution per active participant$31
Median for plans this size$331

Ivy Healthcare Group, LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,559 · 1.78%
Similar plansHealth Care & Social Assistance · Florida
The Arc Gateway, Inc. FL$193K · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832201080 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.