Plan Ledger DOL Form 5500 · updated monthly

Kennedy, White & Riggs Orthopaedic Surgery401(k)

KENNEDY, WHITE & RIGGS ORTHOPAEDIC SURGERY, 401(K) PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Kennedy, White & Riggs Orthopaedic Surgery reported $48,949 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,175 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 0.34%. 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 1,340th-largest of 3,644 plans among Florida employers on file, and the 4,377th of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 100 to 119 since 2022.

Plan summary
Net assets, end of year$15,553,942
Participants with balances128
Active participants119
Employer contributions$377,880
Employee contributions$828,156
Employer contribution per active participant$3,175
Average account balance$121,515
Benefits paid to participants$863,591
Plan auditUnmodified (clean) audit opinion
AuditorKERKERING BARBERIO & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 128 accts · $378K emplr
2023$13.3M · 117 accts · $347K emplr
2022$12.1M · 114 accts · $353K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,516
Investment management$31,433
Total administrative$48,949
The Kennedy, White & Riggs Orthopaedic Surgery 401(k) match · 2024
Employer contribution per active participant$3,175
Median for plans this size$2,416
2024$3,175 per active participant
2023$3,504 per active participant
2022$3,533 per active participant

Kennedy, White & Riggs Orthopaedic Surgery's 2024 employer contribution ran above the $2,416 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 · 20242
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$17,516
LEVEL FOUR ADVISORY SERVICES, LLC · Investment advisory (plan)$31,433

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$48,949 · 0.34%
2023$38,849 · 0.31%
2022$3,680 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Medical Home Alliance, LLC FL$15.9M · 0.48%
Sage Dental Management, LLC FL$15.7M · 0.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592227075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.