Plan Ledger DOL Form 5500 · updated monthly

Ocala Family Medical Center, Inc.401(k)

OCALA FAMILY MEDICAL CENTER 401(K) PLAN · OCALA, FL · plan year 2022

Employer contribution per participant · 2022
$161

Ocala Family Medical Center, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $269,016 across 74 participant accounts, with employer contributions averaging $161 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,561st of 3,644), and 11,606th of 11,911 in health care & social assistance. In 2022, employees put in $6.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$269,016
Participants with balances74
Active participants210
Employer contributions$33,775
Employee contributions$233,456
Employer contribution per active participant$161
Average account balance$3,635
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY, LLP
The Ocala Family Medical Center, Inc. 401(k) match · 2022
Employer contribution per active participant$161
Median for plans this size$331

Ocala Family Medical Center, Inc.'s 2022 employer contribution ran below the $331 median for plans its size. 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 593158481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.