Plan Ledger DOL Form 5500 · updated monthly

Pediatric Medical Services of Florida, Inc.401(k)

PEDIATRIC MEDICAL SERVICES OF FLORIDA, INC 401(K) PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Pediatric Medical Services of Florida, Inc. reported $24,779 in plan administrative expenses for 2023: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,397 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 has held roughly steady near 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,471st-largest of 3,644 plans among Florida employers on file, and the 4,810th of 11,911 in health care & social assistance. In 2023, employees put in $1.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,460,068
Participants with balances419
Active participants218
Employer contributions$958,457
Employee contributions$996,441
Employer contribution per active participant$4,397
Average account balance$32,124
Benefits paid to participants$1,726,861
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$13.5M · 419 accts · $958K emplr
2022$11.4M · 368 accts · $825K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$18,301
Investment management$5,902
Total administrative$24,779
The Pediatric Medical Services of Florida, Inc. 401(k) match · 2023
Employer contribution per active participant$4,397
Median for plans this size$2,440
2023$4,397 per active participant
2022$4,005 per active participant

Pediatric Medical Services of Florida, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$18,301
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp
CHARLES SCHWAB & CO, INC. · Securities brokerageindirect 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
2024Not separately reported
2023$24,779 · 0.20%
2022$22,127 · 0.19%
Similar plansHealth Care & Social Assistance · Florida
Bioserenity USA Inc. FL$13.7M · 0.52%
Health Choice Network, Inc FL$13.6M · 0.39%
United Way Miami, Inc. FL$12.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453584225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.