Plan Ledger DOL Form 5500 · updated monthly

Pulse Clinical Alliance, LLC401(k)

PULSE CLINICAL ALLIANCE, LLC 401(K) PLAN · JACKSONVILLE, FL · plan year 2023

Reported admin expense ratio · 2023
2.24%

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

Pulse Clinical Alliance, LLC reported $11,976 in plan administrative expenses for 2023: 2.24% of average plan assets, above the peer median. 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 2 years on file its reported administrative ratio fell from 2.77% to 1.15%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (3,469th of 3,644), and 2,307th of 2,534 in administrative & support services. active participation has shrunk from 118 to 88 since 2022.

Plan summary
Net assets, end of year$607,550
Participants with balances584
Active participants88
Employer contributions$0
Employee contributions$181,708
Employer contribution per active participant$0
Average account balance$1,040
Benefits paid to participants$111,858
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$441K · 188 accts
2023$608K · 584 accts
2022$463K · 441 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,592
Investment management$384
Total administrative$11,976
The Pulse Clinical Alliance, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$522

Pulse Clinical Alliance, LLC's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GUIDELINE, INC. · Recordkeeping · Consulting$11,976

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

Recordkeeper by year2
2024Guideline
2023Guideline

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Administrative cost history3
2024$6,007 · 1.15%
2023$11,976 · 2.24%
2022$13,251 · 2.77%
Similar plansAdministrative & Support Services · Florida
Bobcat North America, LLC FL$632K · 3.14%
Adex Corporation FL$631K · 0.40%
Gotu Technology, Inc FL$569K · 0.19%
Bbq Management, Inc. FL$549K · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814370993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.