Plan Ledger DOL Form 5500 · updated monthly

South Florida Surgical Special401(k)

SOUTH FLORIDA SURGICAL SPECIAL 401(K) PROFIT SHARING PLAN & TRUST · POMPANO BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

South Florida Surgical Special reported $45,034 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,605 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 0.46% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,237th-largest of 3,644 plans among Florida employers on file, and the 4,065th of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 126 to 156 since 2022.

Plan summary
Net assets, end of year$17,441,836
Participants with balances215
Active participants156
Employer contributions$562,357
Employee contributions$1,026,573
Employer contribution per active participant$3,605
Average account balance$81,125
Benefits paid to participants$280,911
Plan auditDisclaimer of opinion
AuditorJORGE ALVARADO AND COMPANY CPA PA
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 215 accts · $562K emplr
2023$13.7M · 199 accts · $548K emplr
2022$12.2M · 200 accts · $546K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,689
Investment management$30,485
Trustee / custodial$860
Total administrative$45,034
The South Florida Surgical Special 401(k) match · 2024
Employer contribution per active participant$3,605
Median for plans this size$2,416
2024$3,605 per active participant
2023$3,756 per active participant
2022$4,330 per active participant

South Florida Surgical Special's 2024 employer contribution ran above the $2,416 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 · 20242
PAYCHEX, INC. · Recordkeeping$10,543
FORTUNE FINANCIAL SERVICES INC · Investment advisory (participants)$28,103

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$45,034 · 0.29%
2023$39,315 · 0.30%
2022$61,502 · 0.46%
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 201759480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.