Plan Ledger DOL Form 5500 · updated monthly

Mdvip, LLC401(k)

MDVIP, LLC 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Mdvip, LLC reported $77,891 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $4,659 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 0.13% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 473rd-largest of 3,644 plans among Florida employers on file, and the 1,645th of 11,911 in health care & social assistance. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 486 to 592 since 2022.

Plan summary
Net assets, end of year$58,937,353
Participants with balances517
Active participants592
Employer contributions$2,758,291
Employee contributions$4,052,940
Employer contribution per active participant$4,659
Average account balance$113,999
Benefits paid to participants$10,824,618
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.9M · 517 accts · $2.8M emplr
2023$54.9M · 495 accts · $2.5M emplr
2022$43.4M · 456 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,891
Total administrative$77,891
The Mdvip, LLC 401(k) match · 2024
Employer contribution per active participant$4,659
Median for plans this size$3,635
2024$4,659 per active participant
2023$4,595 per active participant
2022$4,198 per active participant

Mdvip, LLC's 2024 employer contribution ran above the $3,635 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$13,936

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$77,891 · 0.14%
2023$68,382 · 0.14%
2022$61,183 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Rti Surgical, Inc. FL$61.5M · 0.25%
Flagler Hospital, Inc. FL$61.4M · 0.19%
Gessler Clinic P.A. FL$60.4M · 0.01%
Cancer Specialists, LLC FL$57.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364464609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.