Plan Ledger DOL Form 5500 · updated monthly

Oak Hammock at the University of Florida, Inc.401(k)

OAK HAMMOCK AT THE UNIVERSITY OF FLORIDA, INC., 401(K) RETIREMENT PLAN · GAINESVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
1.03%

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

Oak Hammock at the University of Florida, Inc. reported $19,834 in plan administrative expenses for 2022: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $521 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 (3,146th of 3,644), and 10,175th of 11,911 in health care & social assistance. In 2022, employees put in $1.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,855,937
Participants with balances94
Active participants303
Employer contributions$157,887
Employee contributions$268,675
Employer contribution per active participant$521
Average account balance$19,744
Benefits paid to participants$263,967
Plan auditUnmodified (clean) audit opinion
AuditorMSL, P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,332
Investment management$5,502
Total administrative$19,834
The Oak Hammock at the University of Florida, Inc. 401(k) match · 2022
Employer contribution per active participant$521
Median for plans this size$1,114

Oak Hammock at the University of Florida, 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 history1
2022$19,834 · 1.03%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Richmond Health Care, Inc. FL$2.0M · 19.82%
Community Supports, Inc. FL$1.9M · 0.14%
St. Mark Village, Inc. FL$1.8M · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593562098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.