Plan Ledger DOL Form 5500 · updated monthly

Lincare Inc.401(k)

LINCARE EMPLOYEES' 401(K) PLAN · CLEARWATER, FL · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Lincare Inc. reported $566,068 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $1,353 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 0.15% to 0.12%. 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 88th-largest of 3,644 plans among Florida employers on file, and the 343rd of 11,911 in health care & social assistance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$469,782,526
Participants with balances12,708
Active participants10,501
Employer contributions$14,211,317
Employee contributions$30,125,224
Employer contribution per active participant$1,353
Average account balance$36,967
Benefits paid to participants$68,853,913
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC.
Plan history3
Yearassets · accounts · employer contribution
2024$469.8M · 12,708 accts · $14.2M emplr
2023$436.9M · 13,357 accts · $14.1M emplr
2022$380.7M · 13,155 accts · $13.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$446,171
Audit (IQPA)$12,500
Total administrative$566,068
The Lincare Inc. 401(k) match · 2024
Employer contribution per active participant$1,353
Median for plans this size$4,294
2024$1,353 per active participant
2023$1,376 per active participant
2022$1,347 per active participant

Lincare 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$446,171
SAGEVIEW ADVISORY GROUP LLC · Consulting$107,364
LBMC, PC · Accounting / audit$12,500
WEALTH MANAGEMENT SYSTEMS INC · 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$566,068 · 0.12%
2023$562,884 · 0.14%
2022$638,599 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Vitas Healthcare Corporation FL$492.6M · 0.17%
Solaris Health Holdings, LLC FL$464.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592852900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.