What are the fees in the Pensacola Health Partners 401(k) plan?

For plan year 2024, Pensacola Health Partners reported $21,893 in plan administrative expenses, or 1.19% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Pensacola Health Partners 401(k)?

The average participant account balance was $2,361 for plan year 2024, based on 919 accounts.

Pensacola Health Partners401(k)

Name: Pensacola Health Partners 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PENSACOLA HEALTH PARTNERS 401K PLAN · RICHMOND, KY · plan year 2024

Reported admin expense ratio · 2024

1.19%

Pensacola Health Partners reported $21,893 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kentucky (771st of 871), and 9,895th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,169,655
Participants with balances919
Active participants812
Employer contributions—
Employee contributions$759,179
Employer contribution per active participant—
Average account balance$2,361
Benefits paid to participants$299,540
Plan auditUnmodified (clean) audit opinion
AuditorBALDWIN, CPAS, PLLC

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$21,893

Total administrative$21,893

What these fees cost you

Your balance

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 · 20244

EMPOWER ANNUITY INSURANCE CO. OF AM$23,794

ROBIN S WEINGAST & ASSOCIATES, INC. · Contract administrator$15,350

LEAFHOUSE FINANCIAL ADVISORS, LLC$868

EMPOWER ADVISORY GROUP, LLC · Investment management$236

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

Administrative cost history1

2024$21,893 · 1.19%

Same employer

Pensacola Health Partners's health & benefits plan: carriers, premiums & broker pay

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 880867677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.