Plan Ledger DOL Form 5500 · updated monthly

The Villages Health System, LLC401(k)

THE VILLAGES HEALTH SYSTEM EMPLOYEES SAVINGS PLAN · THE VILLAGES, FL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

The Villages Health System, LLC reported $105,659 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,396 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 1 year on file its reported administrative ratio rose from 0.31% to 0.41%. 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 874th-largest of 3,644 plans among Florida employers on file, and the 2,922nd of 11,911 in health care & social assistance. In 2024, employees put in $3.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,875,390
Participants with balances800
Active participants726
Employer contributions$1,013,277
Employee contributions$3,860,665
Employer contribution per active participant$1,396
Average account balance$34,844
Benefits paid to participants$4,087,846
Plan auditUnmodified (clean) audit opinion
AuditorPURVIS GRAY & COMPANY LLP
Plan history2
Yearassets · accounts · employer contribution
2024$27.9M · 800 accts · $1.0M emplr
2023$23.3M · 748 accts · $975K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,659
Total administrative$105,659
The The Villages Health System, LLC 401(k) match · 2024
Employer contribution per active participant$1,396
Median for plans this size$2,416
2024$1,396 per active participant
2023$1,466 per active participant

The Villages Health System, LLC'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$105,658

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$105,659 · 0.41%
2023$73,290 · 0.31%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Uwh of Michigan FL$28.5M · 0.21%
Pbd & P, Inc. FL$28.5M · 0.04%
Ocala Eye, P.A. FL$27.8M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 383876436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.