Plan Ledger DOL Form 5500 · updated monthly

Tallahassee Memorial Healthcare IncDC plan

TALLAHASSEE MEMORIAL HEALTHCARE 401(A) RETIREMENT SAVINGS PLAN · TALLAHASSEE, FL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Tallahassee Memorial Healthcare Inc reported $244,455 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,556 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 0.19% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 187th-largest of 3,644 plans among Florida employers on file, and the 656th of 11,911 in health care & social assistance. active participation has grown from 3,066 to 5,337 since 2022.

Plan summary
Net assets, end of year$193,432,115
Participants with balances4,455
Active participants5,337
Employer contributions$13,641,632
Employee contributions$0
Employer contribution per active participant$2,556
Average account balance$43,419
Benefits paid to participants$25,886,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$193.4M · 4,455 accts · $13.6M emplr
2023$180.7M · 6,289 accts · $12.9M emplr
2022$154.6M · 5,635 accts · $12.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,583
Investment management$13,942
Audit (IQPA)$6,620
Total administrative$244,455
Employer contributions to the Tallahassee Memorial Healthcare Inc plan · 2024
Employer contribution per active participant$2,556
Median for plans this size$3,635
2024$2,556 per active participant
2023$2,557 per active participant
2022$3,963 per active participant

Tallahassee Memorial Healthcare Inc's 2024 employer contribution ran below the $3,635 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 · 20245
CAP FINANCIAL PARTNERS, LLC · Investment advisory (participants) · Investment advisory (plan)$80,900
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,942
MSL, P.A. · Accounting / audit$6,620
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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$244,455 · 0.13%
2023$290,421 · 0.17%
2022$311,911 · 0.19%
All plans at this employer3
TALLAHASSEE MEMORIAL HEALTHCARE 401(A) RETIREMENT SAVINGS PLANDefined-contribution plan
TALLAHASSEE MEMORIAL HEALTHCARE AFFILIATE 401(K) RETIREMENT PLAN401(k)
TALLAHASSEE MEMORIAL HEALTHCARE 403(B) RETIREMENT SAVINGS PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Florida
Dental Care Alliance FL$183.8M · 0.32%
Uf Health-Central Florida FL$169.3M · 0.22%
Akumin Inc. FL$163.5M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591917016 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.