Plan Ledger DOL Form 5500 · updated monthly

Medfast Urgent Care Centers Ll401(k)

MEDFAST URGENT CARE CENTERS LL 401(K) PROFIT SHARING PLAN & TRUST · MERRITT ISLAND, FL · plan year 2022

Reported admin expense ratio · 2022
1.97%

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

Medfast Urgent Care Centers Ll reported $4,010 in plan administrative expenses for 2022: 1.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,569th of 3,644), and 11,630th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$237,144
Participants with balances86
Active participants208
Employer contributions$0
Employee contributions$138,956
Employer contribution per active participant$0
Average account balance$2,757
Benefits paid to participants$36,438
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN HOPKINS WRIGHT & LAHAM, CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,004
Investment management$1,006
Total administrative$4,010
The Medfast Urgent Care Centers Ll 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Medfast Urgent Care Centers Ll's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,010 · 1.97%
Similar plansHealth Care & Social Assistance · Florida
Ivy Healthcare Group, LLC FL$282K · 1.78%
The Arc Gateway, Inc. FL$193K · 0.51%
Massage Jmsrx Inc FL$183K · 2.99%
His House Childrens Home FL$155K · 0.17%
Genesis Healthcare LLC FL$154K · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141973790 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.