Plan Ledger DOL Form 5500 · updated monthly

Ob/Gyn Specialists of the Palm Beaches II, LLC401(k)

OB/GYN SPECIALISTS OF THE PALM BEACHES, II, LLC 401(K) PROFIT SHARING PLAN & TRUST · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Ob/Gyn Specialists of the Palm Beaches II, LLC reported $98,739 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $6,056 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 2 years on file its reported administrative ratio rose from 0.24% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 641st-largest of 3,644 plans among Florida employers on file, and the 2,235th of 11,911 in health care & social assistance. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has grown from 170 to 220 since 2022.

Plan summary
Net assets, end of year$40,274,648
Participants with balances283
Active participants220
Employer contributions$1,332,270
Employee contributions$1,092,326
Employer contribution per active participant$6,056
Average account balance$142,313
Benefits paid to participants$3,514,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.3M · 283 accts · $1.3M emplr
2023$35.9M · 274 accts · $1.2M emplr
2022$30.2M · 268 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$98,739
Total administrative$98,739
The Ob/Gyn Specialists of the Palm Beaches II, LLC 401(k) match · 2024
Employer contribution per active participant$6,056
Median for plans this size$2,416
2024$6,056 per active participant
2023$6,221 per active participant
2022$6,855 per active participant

Ob/Gyn Specialists of the Palm Beaches II, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
EMPOWER ADVISORY GROUP LLC · Investment management$4,329
SECURITIES AMERICA INCindirect comp
OSAIC WEALTH INC.indirect comp
BARRY MAX LEVY & ASSOCIATES · Contract administratorindirect 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
2024$98,739 · 0.26%
2023$77,545 · 0.23%
2022$80,119 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Westminster Services, Inc. FL$41.8M · 0.68%
Circles of Care, Inc. FL$40.7M · 0.03%
Cfs Management, LLC FL$39.9M · 0.51%
Lavie Holdco LLC FL$39.7M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384055153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.