Plan Ledger DOL Form 5500 · updated monthly

Polaris Pharmacy Services, LLC401(k)

POLARIS PHARMACY SERVICES, LLC 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Polaris Pharmacy Services, LLC reported $75,155 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.46% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,470th-largest of 3,644 plans among Florida employers on file, and the 2,075th of 5,215 in retail trade.

Plan summary
Net assets, end of year$13,483,875
Participants with balances492
Active participants1,296
Employer contributions$0
Employee contributions$2,807,914
Employer contribution per active participant$0
Average account balance$27,406
Benefits paid to participants$1,396,415
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY
Plan history2
Yearassets · accounts · employer contribution
2024$13.5M · 492 accts
2023$10.2M · 368 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,155
Total administrative$75,155
The Polaris Pharmacy Services, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Polaris Pharmacy Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
MORGAN STANLEY SMITH BARNEY LLCindirect comp
MORGAN STANLEY INSURANCE SERVICES Iindirect comp

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

Administrative cost history2
2024$75,155 · 0.63%
2023$31,903 · 0.46%
Similar plansRetail Trade · Florida
Blue Jay Transit Inc. FL$14.0M · 0.32%
South Motors of Dade County FL$13.9M · 0.36%
Bill Currie Ford, Inc. FL$13.3M · 0.27%
Chauvet & Sons, LLC. FL$13.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474098540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.