Plan Ledger DOL Form 5500 · updated monthly

Panhandle Anesthesiology Associates, P.A.401(k)

PANHANDLE ANESTHESIOLOGY ASSOCIATES 401(K) · PENSACOLA, FL · plan year 2025

Reported admin expense ratio · 2025
0.41%

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

Panhandle Anesthesiology Associates, P.A. reported $220,752 in plan administrative expenses for 2025: 0.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $17,752 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 4 years on file its reported administrative ratio has held roughly steady near 0.41%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 476th-largest of 3,644 plans among Florida employers on file, and the 1,652nd of 11,911 in health care & social assistance. In 2025, employees put in $1.23 for every $1.00 the employer contributed; active participation has shrunk from 114 to 88 since 2022.

Plan summary
Net assets, end of year$58,547,636
Participants with balances149
Active participants88
Employer contributions$1,562,185
Employee contributions$1,920,639
Employer contribution per active participant$17,752
Average account balance$392,937
Benefits paid to participants$1,398,357
Plan auditUnmodified (clean) audit opinion
AuditorAVIZO GROUP
Plan history4
Yearassets · accounts · employer contribution
2025$58.5M · 149 accts · $1.6M emplr
2024$48.5M · 156 accts · $1.5M emplr
2023$42.8M · 162 accts · $1.5M emplr
2022$36.4M · 166 accts · $1.4M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$92,307
Investment management$89,112
Total administrative$220,752
The Panhandle Anesthesiology Associates, P.A. 401(k) match · 2025
Employer contribution per active participant$17,752
Median for plans this size$4,093
2025$17,752 per active participant
2024$15,539 per active participant
2023$14,296 per active participant
2022$12,685 per active participant

Panhandle Anesthesiology Associates, P.A.'s 2025 employer contribution ran above the $4,093 median for plans its size, placing it in the top quarter of its peers. 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$506
THE PENSION CENTER OF FLORIDA, INC. · Accounting / audit · Recordkeeping$400
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$74,085

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

Recordkeeper by year3
2025John Hancock, THE PENSION CENTER OF FLORIDA, INC.
2024John Hancock, THE PENSION CENTER OF FLORIDA, INC.
2023John Hancock, THE PENSION CENTER OF FLORIDA, INC.

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Administrative cost history4
2025$220,752 · 0.41%
2024$201,766 · 0.44%
2023$173,074 · 0.44%
2022$168,935 · 0.42%
Similar plansHealth Care & Social Assistance · Florida
Flagler Hospital, Inc. FL$61.4M · 0.19%
Gessler Clinic P.A. FL$60.4M · 0.01%
Mdvip, LLC FL$58.9M · 0.14%
Cancer Specialists, LLC FL$57.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593099224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.