Plan Ledger DOL Form 5500 · updated monthly

Physician Business Services, LLC401(k)

WOMEN'S CARE USA 401(K) AND PROFIT SHARING PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Physician Business Services, LLC reported $346,647 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $2,601 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 fell from 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 155th-largest of 3,644 plans among Florida employers on file, and the 560th of 11,911 in health care & social assistance. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$243,291,827
Participants with balances3,121
Active participants2,177
Employer contributions$5,661,375
Employee contributions$10,408,880
Employer contribution per active participant$2,601
Average account balance$77,953
Benefits paid to participants$34,379,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$243.3M · 3,121 accts · $5.7M emplr
2023$232.2M · 3,068 accts · $7.7M emplr
2022$197.2M · 3,349 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$295,426
Audit (IQPA)$26,850
Total administrative$346,647
The Physician Business Services, LLC 401(k) match · 2024
Employer contribution per active participant$2,601
Median for plans this size$3,635
2024$2,601 per active participant
2023$3,617 per active participant
2022$3,081 per active participant

Physician Business Services, LLC's 2024 employer contribution ran below the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,008
ADVUS FINANCIAL PARTNERS · Consulting$24,371
TEMPLETON & COMPANY, LLP · Accounting / audit$21,500
ASCENUS HOLDINGS, INC. · Accounting / audit$5,350

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

Administrative cost history3
2024$346,647 · 0.15%
2023$433,406 · 0.20%
2022$367,358 · 0.17%
Similar plansHealth Care & Social Assistance · Florida
Genesiscare USA, Inc. FL$265.8M · 0.10%
Gastro Health, LLC FL$264.2M · 0.27%
Florida Woman Care, LLC FL$254.8M · 0.16%
Florida Medical Clinic, LLC FL$228.7M · 0.07%
Uwh of the Carolinas, PLLC FL$228.4M · 0.14%
Chenmed, LLC FL$217.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593734161 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.