Plan Ledger DOL Form 5500 · updated monthly

McR Health, Inc.403(b)

MCR HEALTH, INC. 403(B) PLAN · BRADENTON, FL · plan year 2024

Reported admin expense ratio · 2024
0.57%

McR Health, Inc. reported $57,881 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. 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 0.64% to 0.57%. 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 1,731st-largest of 3,644 plans among Florida employers on file, and the 5,552nd of 11,911 in health care & social assistance. active participation has shrunk from 904 to 811 since 2022.

Plan summary
Net assets, end of year$10,517,538
Participants with balances260
Active participants811
Employer contributions—
Employee contributions$1,873,589
Employer contribution per active participant—
Average account balance$40,452
Benefits paid to participants$2,791,081
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 260 accts
2023$9.9M · 302 accts
2022$7.6M · 311 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,881
Total administrative$57,881
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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$56,310

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$57,881 · 0.57%
2023$53,717 · 0.61%
2022$48,573 · 0.64%
All plans at this employer2
MCR HEALTH, INC. PROFIT SHARING PLANProfit-sharing plan
MCR HEALTH, INC. 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Galen Newco FL$10.8M · 1.18%
Florida Eye Clinic, P.A. FL$10.7M · 0.31%
Sunil Gupta, M.D., L.L.C. FL$10.7M · 0.33%
Saluscare, Inc. FL$10.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591773262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.