Plan Ledger DOL Form 5500 · updated monthly

Pines of Sarasota Healthcare, LLC401(k)

PINES OF SARASOTA HEALTHCARE, LLC 401(K) PLAN · SARASOTA, FL · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Pines of Sarasota Healthcare, LLC reported $38,008 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $373 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.

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 Florida (2,374th of 3,644), and 7,544th of 11,911 in health care & social assistance. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,661,964
Participants with balances205
Active participants231
Employer contributions$86,086
Employee contributions$281,553
Employer contribution per active participant$373
Average account balance$27,619
Benefits paid to participants$494,171
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,008
Total administrative$38,008
The Pines of Sarasota Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$373
Median for plans this size$1,313

Pines of Sarasota Healthcare, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment advisory (participants)$38,008

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$38,008 · 0.70%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Telespecialists, LLC FL$5.8M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475272934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.