Plan Ledger DOL Form 5500 · updated monthly

Smile Design Dentistry of St. Pete, LLC401(k)

SMILE DESIGN DENTISTRY 401(K) SAVINGS PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Smile Design Dentistry of St. Pete, LLC reported $47,105 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,246 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 rose from 0.18% to 0.58%. 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 (1,863rd of 3,644), and the 5,952nd of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 378 to 501 since 2022.

Plan summary
Net assets, end of year$9,277,039
Participants with balances249
Active participants501
Employer contributions$624,312
Employee contributions$1,051,895
Employer contribution per active participant$1,246
Average account balance$37,257
Benefits paid to participants$610,067
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 249 accts · $624K emplr
2023$6.9M · 238 accts · $578K emplr
2022$4.1M · 215 accts · $434K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,208
Investment management$17,897
Total administrative$47,105
The Smile Design Dentistry of St. Pete, LLC 401(k) match · 2024
Employer contribution per active participant$1,246
Median for plans this size$1,313
2024$1,246 per active participant
2023$1,281 per active participant
2022$1,148 per active participant

Smile Design Dentistry of St. Pete, LLC's 2024 employer contribution ran below the $1,313 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 · 20246
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$17,897
RETIREMENT SOLUTIONS SPECIALSITS · Contract administrator$8,051
FLORIDA RETIREMENT CONSULTANTS, LLC · Contract administrator$3,804
EMPOWER ADVISORY GROUP, LLC · Investment management$945
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 history3
2024$47,105 · 0.58%
2023$10,287 · 0.19%
2022$7,171 · 0.18%
Similar plansHealth Care & Social Assistance · Florida
Family First Homecare FL$9.5M · 0.61%
Professional Care I, Inc. FL$9.2M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272835025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.