Plan Ledger DOL Form 5500 · updated monthly

Patriot National Inc.401(k)

PATRIOT NATIONAL INC. 401(K) EMPLOYEE SAVINGS PLAN · FORT LAUDERDALE, FL · plan year 2019

Reported admin expense ratio · 2019
0.10%

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

Patriot National Inc. reported $15,919 in plan administrative expenses for 2019: 0.10% of average plan assets, below the peer median. Employer contributions averaged $0 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 5 years on file its reported administrative ratio fell from 0.103% to 0.095%. The plan sits in the $10M–$50M size bracket, benchmarked here against 68 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,429th-largest of 3,644 plans among Florida employers on file, and the 4,675th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$14,086,011
Participants with balances350
Active participants8
Employer contributions$0
Employee contributions$171,561
Employer contribution per active participant$0
Average account balance$40,246
Benefits paid to participants$6,595,627
Plan auditDisclaimer of opinion
AuditorKABAT, SCHERTZER, DE LA TORRE, TARA
Plan history6
Yearassets · accounts · employer contribution
2024$7.3M · 171 accts
2023$7.7M · 195 accts
2022$8.0M · 214 accts
2021$10.8M · 239 accts
2020$11.4M · 268 accts
2019$14.1M · 350 accts
The Patriot National Inc. 401(k) match · 2019
Employer contribution per active participant$0
Median for plans this size$1,489

Patriot National Inc.'s 2019 employer contribution ran below the $1,489 median for plans its size, in the bottom 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history6
2024$7,200 · 0.10%
2023$7,244 · 0.09%
2022$7,306 · 0.08%
2021$11,859 · 0.11%
2020$16,950 · 0.13%
2019$15,919 · 0.10%
Similar plansHealth Care & Social Assistance · Florida
Avow Hospice Inc. FL$14.1M · 0.01%
Lensar, Inc. FL$14.1M · 0.07%
Apalachee Center, Inc. FL$14.0M · 0.69%
Tower Imaging, LLC FL$13.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464151376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.