Plan Ledger DOL Form 5500 · updated monthly

Opko Health, Inc.401(k)

OPKO HEALTH, INC. 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Opko Health, Inc. reported $443,170 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,978 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 fell from 0.24% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 165th-largest of 3,644 plans among Florida employers on file, and the 720th of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 4,047 to 2,272 since 2022.

Plan summary
Net assets, end of year$225,105,522
Participants with balances2,987
Active participants2,272
Employer contributions$6,767,042
Employee contributions$14,888,260
Employer contribution per active participant$2,978
Average account balance$75,362
Benefits paid to participants$35,246,215
Plan auditUnmodified (clean) audit opinion
AuditorSOCORRO PARTNERS CPA'S&ADVISORS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$225.1M · 2,987 accts · $6.8M emplr
2023$207.6M · 3,822 accts · $14.7M emplr
2022$169.0M · 3,424 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$296,290
Investment management$146,880
Total administrative$443,170
The Opko Health, Inc. 401(k) match · 2024
Employer contribution per active participant$2,978
Median for plans this size$3,635
2024$2,978 per active participant
2023$4,555 per active participant
2022$2,379 per active participant

Opko Health, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$296,290
CREATIVE PLANNING LLC · Investment advisory (plan)$80,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$66,880

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$443,170 · 0.20%
2023$400,759 · 0.21%
2022$508,366 · 0.24%
Same employer
Similar plansProfessional & Technical Services · Florida
Carlton Fields, P.A. FL$315.7M · 0.06%
Kforce Inc. FL$282.8M · 0.14%
Grayrobinson, P.A. FL$221.7M · 0.02%
Morgan & Morgan P A FL$192.7M · 0.21%
Magic Leap, Inc. FL$183.9M · 0.18%
Verifone, Inc. FL$178.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752402409 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.