Plan Ledger DOL Form 5500 · updated monthly

Lifesouth Community Blood Centers Inc.Profit-sharing plan

LIFESOUTH RETIREMENT PLAN · GAINESVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Lifesouth Community Blood Centers Inc. reported $75,699 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,703 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 fell from 0.34% to 0.28%. 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 856th-largest of 3,644 plans among Florida employers on file, and the 2,889th of 11,911 in health care & social assistance. active participation has grown from 521 to 597 since 2022.

Plan summary
Net assets, end of year$28,534,330
Participants with balances714
Active participants597
Employer contributions$2,210,752
Employee contributions$0
Employer contribution per active participant$3,703
Average account balance$39,964
Benefits paid to participants$1,911,626
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.5M · 714 accts · $2.2M emplr
2023$26.0M · 683 accts · $2.2M emplr
2022$21.9M · 637 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,325
Investment management$44,324
Total administrative$75,699
Employer contributions to the Lifesouth Community Blood Centers Inc. plan · 2024
Employer contribution per active participant$3,703
Median for plans this size$2,416
2024$3,703 per active participant
2023$3,948 per active participant
2022$3,515 per active participant

Lifesouth Community Blood Centers Inc.'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 · 20244
NFP RETIREMENT$27,232
NFP RETIREMENT$9,648
ECONOMIC GROUP PENSION SERVICES · Other servicesindirect 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$75,699 · 0.28%
2023$58,506 · 0.24%
2022$75,048 · 0.34%
All plans at this employer3
LIFESOUTH RETIREMENT PLANProfit-sharing plan
LIFESOUTH COMMUNITY BLOOD CENTERS, INC. 403(B) PLAN403(b)
LIFESOUTH 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Novelle Health, LLC FL$29.4M · 0.35%
Childnet, Inc. FL$28.9M · 0.44%
Uwh of Michigan FL$28.5M · 0.21%
Pbd & P, Inc. FL$28.5M · 0.04%
Ocala Eye, P.A. FL$27.8M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591545914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.