Plan Ledger DOL Form 5500 · updated monthly

Mid-Florida Hematology & Oncology Centers, P.A.401(k)

MID-FLORIDA HEMATOLOGY & ONCOLOGY CENTERS, PA 401(K) PLAN · ORANGE CITY, FL · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Mid-Florida Hematology & Oncology Centers, P.A. reported $26,202 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,375 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 1 year on file its reported administrative ratio fell from 0.41% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,009th of 3,644), and 6,413th of 11,911 in health care & social assistance. In 2023, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,076,233
Participants with balances127
Active participants70
Employer contributions$166,267
Employee contributions$383,796
Employer contribution per active participant$2,375
Average account balance$63,592
Benefits paid to participants$938,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $128K emplr
2023$8.1M · 127 accts · $166K emplr
2022$7.7M · 126 accts · $192K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$26,202
Total administrative$26,202
The Mid-Florida Hematology & Oncology Centers, P.A. 401(k) match · 2023
Employer contribution per active participant$2,375
Median for plans this size$1,308
2023$2,375 per active participant
2022$2,786 per active participant

Mid-Florida Hematology & Oncology Centers, P.A.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LPL FINANCIAL CORPindirect comp
MORNINGSTAR · Investment advisory (plan)indirect 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
2024Not separately reported
2023$26,202 · 0.33%
2022$36,198 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Lmi 2.0, LLC FL$8.4M · 0.46%
Foundcare, Inc. FL$8.1M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592021436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.