Plan Ledger DOL Form 5500 · updated monthly

Medicomp, Inc.401(k)

MEDICOMP EMPLOYEES' RETIREMENT PLAN · MELBOURNE, FL · plan year 2022

Reported admin expense ratio · 2022
0.96%

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

Medicomp, Inc. reported $42,847 in plan administrative expenses for 2022: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged -$10 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,684th of 3,644), and 8,549th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,011,224
Participants with balances203
Active participants141
Employer contributions-$1,424
Employee contributions$446,606
Employer contribution per active participant-$10
Average account balance$19,760
Benefits paid to participants$373,418
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.0M · 203 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,824
Investment management$22,023
Total administrative$42,847
The Medicomp, Inc. 401(k) match · 2022
Employer contribution per active participant-$10
Median for plans this size$1,114

Medicomp, Inc.'s 2022 employer contribution ran below the $1,114 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 history2
2023Not separately reported
2022$42,847 · 0.96%
Similar plansHealth Care & Social Assistance · Florida
United Vein Centers FL$4.2M · 0.59%
The Arc Tampa Bay, Inc. FL$4.1M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522283535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.