Plan Ledger DOL Form 5500 · updated monthly

Pancare of Florida, Inc.DC plan

403(B) THRIFT PLAN OF PANCARE OF FLORIDA, INC. · PANAMA CITY, FL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Pancare of Florida, Inc. reported $4,693 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,098 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 3 years on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,417th-largest of 3,644 plans among Florida employers on file, and 6,769th of 11,654 in professional & technical services. In 2024, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 345 to 501 since 2021.

Plan summary
Net assets, end of year$14,196,243
Participants with balances577
Active participants501
Employer contributions$1,050,990
Employee contributions$1,023,899
Employer contribution per active participant$2,098
Average account balance$24,604
Benefits paid to participants$2,339,350
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS, INGRAM LLC
Plan history4
Yearassets · accounts · employer contribution
2024$14.2M · 577 accts · $1.1M emplr
2023$12.6M · 549 accts · $1.2M emplr
2022$9.8M · 418 accts · $962K emplr
2021$9.7M · 413 accts · $911K emplr
Employer contributions to the Pancare of Florida, Inc. plan · 2024
Employer contribution per active participant$2,098
Median for plans this size$2,416
2024$2,098 per active participant
2023$3,245 per active participant
2022$3,196 per active participant
2021$2,640 per active participant

Pancare of Florida, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$7,681

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history4
2024$4,693 · 0.04%
2023$2,453 · 0.02%
2022$2,424 · 0.02%
2021$2,611 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Florida
Crg Global Inc FL$14.4M · 0.45%
Lap of Love Services LLC FL$14.3M · 0.49%
Blue-Grace Logistics, LLC FL$14.2M · 0.83%
Arete Advisors, LLC FL$14.2M · 0.06%
Perform (Cb), LLC FL$14.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912189932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.