Plan Ledger DOL Form 5500 · updated monthly

Saluscare, Inc.403(b)

SALUSCARE 403(B) PLAN · FORT MYERS, FL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Saluscare, Inc. reported $31,272 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $494 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 3 years on file its reported administrative ratio has held roughly steady near 0.32%. 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 the 1,755th-largest of 3,644 plans among Florida employers on file, and the 5,632nd of 11,911 in health care & social assistance. In 2024, employees put in $4.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,218,163
Participants with balances248
Active participants322
Employer contributions$159,209
Employee contributions$645,120
Employer contribution per active participant$494
Average account balance$41,202
Benefits paid to participants$884,243
Plan auditUnmodified (clean) audit opinion
AuditorHSC/TUSCAN & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 248 accts · $159K emplr
2023$9.2M · 276 accts · $116K emplr
2022$8.0M · 259 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,272
Total administrative$31,272
Employer contributions to the Saluscare, Inc. plan · 2024
Employer contribution per active participant$494
Median for plans this size$1,313
2024$494 per active participant
2023$360 per active participant
2022$780 per active participant

Saluscare, Inc.'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 · 20243
MY BENEFITS, LLC · Other services$6,630
FIRST PARTY ADMINISTRATORS · Contract administrator$1,683

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$31,272 · 0.32%
2023$24,241 · 0.28%
2022$27,002 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Florida
McR Health, Inc. FL$10.5M · 0.57%
Fyzical, LLC FL$9.7M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591287693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.