Plan Ledger DOL Form 5500 · updated monthly

Ohi West Medical Group II LLC401(k)

FLORIDA MEDICAL CLINIC, LLC 401(K) PLAN AND TRUST · ZEPHYRHILLS, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Ohi West Medical Group II LLC reported $194,181 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,903 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 0.071% to 0.067%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 124th-largest of 3,644 plans among Florida employers on file, and the 476th of 11,911 in health care & social assistance. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$314,002,593
Participants with balances2,500
Active participants1,866
Employer contributions$11,015,337
Employee contributions$9,940,967
Employer contribution per active participant$5,903
Average account balance$125,601
Benefits paid to participants$21,805,697
Plan auditUnmodified (clean) audit opinion
AuditorRIVERO GORDIMER & COMPANY PA
Plan history2
Yearassets · accounts · employer contribution
2024$314.0M · 2,500 accts · $11.0M emplr
2023$269.3M · 2,408 accts · $10.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,419
Investment management$55,006
Audit (IQPA)$29,750
Total administrative$194,181
The Ohi West Medical Group II LLC 401(k) match · 2024
Employer contribution per active participant$5,903
Median for plans this size$4,294
2024$5,903 per active participant
2023$5,780 per active participant

Ohi West Medical Group II LLC's 2024 employer contribution ran above the $4,294 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.

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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$75,858
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$55,006
BKS FINANCIAL INVESTMENTS LLC · Investment advisory (plan)$35,006
RIVERO, GORDIMER, & COMPANY PA · Accounting / audit$29,750

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$194,181 · 0.07%
2023$177,275 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Vitalmd Group Holding. LLC FL$371.9M · 0.09%
Watson Clinic LLP FL$327.8M · 0.22%
Genesiscare USA, Inc. FL$265.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 923479126 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.