Plan Ledger DOL Form 5500 · updated monthly

The Brevard Health Alliance, Inc.401(k)

THE BREVARD HEALTH ALLIANCE, INC. 401(K) PROFIT SHARING PLAN · WEST MELBOURNE, FL · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

The Brevard Health Alliance, Inc. reported $323 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,926 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 0.001% to 0.002%. 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 1,196th-largest of 3,644 plans among Florida employers on file, and the 3,968th of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 406 to 486 since 2022.

Plan summary
Net assets, end of year$18,027,200
Participants with balances415
Active participants486
Employer contributions$936,074
Employee contributions$2,016,202
Employer contribution per active participant$1,926
Average account balance$43,439
Benefits paid to participants$1,773,357
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS & INGRAM
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 415 accts · $936K emplr
2023$14.7M · 412 accts · $921K emplr
2022$10.7M · 387 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$323
Total administrative$323
The The Brevard Health Alliance, Inc. 401(k) match · 2024
Employer contribution per active participant$1,926
Median for plans this size$2,416
2024$1,926 per active participant
2023$1,980 per active participant
2022$1,941 per active participant

The Brevard Health Alliance, Inc.'s 2024 employer contribution ran below 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 · 20241

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$323 · 0.00%
2023$99 · 0.00%
2022$150 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Florida

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Source: U.S. Department of Labor, Form 5500 series, EIN 900068515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.