Plan Ledger DOL Form 5500 · updated monthly

Palm Garden Healthcare Holdings, LLC401(k)

PALM GARDEN 401(K) PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.77%

Palm Garden Healthcare Holdings, LLC reported $120,517 in plan administrative expenses for 2024: 0.77% of average plan assets, higher than ~90% of peers. 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 3 years on file its reported administrative ratio has held roughly steady near 0.77%. 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 1,291st-largest of 3,644 plans among Florida employers on file, and the 4,236th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$16,369,382
Participants with balances468
Active participants2,318
Employer contributions—
Employee contributions$1,586,461
Employer contribution per active participant—
Average account balance$34,977
Benefits paid to participants$2,437,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.4M · 468 accts
2023$15.1M · 510 accts
2022$12.4M · 514 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$118,867
Total administrative$120,517
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 · 20242
WORLD INVESTMENT ADVISORS, LLCindirect 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$120,517 · 0.77%
2023$105,576 · 0.77%
2022$101,065 · 0.75%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Pensacola Pediatrics PA FL$16.4M · 0.21%
Primehealth Physicians, LLC FL$16.4M · 0.58%
Premier Dermatology, LLC FL$16.4M · 0.51%
Healthmap Solutions, Inc. FL$16.1M · 0.52%
Medical Home Alliance, LLC FL$15.9M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320413510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.