Plan Ledger DOL Form 5500 · updated monthly

Osceola Mental Health, Inc. Db401(k)

PARK PLACE BEHAVIORAL HEALTH CARE 401K PLAN · KISSIMMEE, FL · plan year 2024

Reported admin expense ratio · 2024
1.61%

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

Osceola Mental Health, Inc. Db reported $46,119 in plan administrative expenses for 2024: 1.61% of average plan assets, higher than ~90% of peers. Employer contributions averaged $999 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 1.01% to 1.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,874th of 3,644), and 9,197th of 11,911 in health care & social assistance. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,084,958
Participants with balances229
Active participants205
Employer contributions$204,885
Employee contributions$330,929
Employer contribution per active participant$999
Average account balance$13,471
Benefits paid to participants$382,035
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFER TSCHOPP WHITCOMB MITCHEL
Plan history3
Yearassets · accounts · employer contribution
2024$3.1M · 229 accts · $205K emplr
2023$2.7M · 212 accts · $207K emplr
2022$2.8M · 139 accts · $135K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,463
Investment management$10,656
Total administrative$46,119
The Osceola Mental Health, Inc. Db 401(k) match · 2024
Employer contribution per active participant$999
Median for plans this size$1,313
2024$999 per active participant
2023$1,059 per active participant
2022$657 per active participant

Osceola Mental Health, Inc. Db's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$35,463
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$10,656
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$46,119 · 1.61%
2023$38,553 · 1.40%
2022$34,108 · 1.01%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Seniors First, Inc. FL$3.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591677912 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.