Plan Ledger DOL Form 5500 · updated monthly

Nephrology Associates of Centr401(k)

NEPHROLOGY ASSOCIATES OF CENTR 401(K) PROFIT SHARING PLAN & TRUST · LONGWOOD, FL · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Nephrology Associates of Centr reported $147,853 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $10,189 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 0.37% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 706th-largest of 3,644 plans among Florida employers on file, and the 2,427th of 11,911 in health care & social assistance. In 2022, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,784,136
Participants with balances193
Active participants143
Employer contributions$1,457,005
Employee contributions$1,213,052
Employer contribution per active participant$10,189
Average account balance$185,410
Benefits paid to participants$3,403,150
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$16.8M · 90 accts · $855K emplr
2022$35.8M · 193 accts · $1.5M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$130,908
Investment management$16,945
Total administrative$147,853
The Nephrology Associates of Centr 401(k) match · 2022
Employer contribution per active participant$10,189
Median for plans this size$2,266
2023$11,708 per active participant
2022$10,189 per active participant

Nephrology Associates of Centr's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$67,627 · 0.26%
2022$147,853 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 591561574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.