Plan Ledger DOL Form 5500 · updated monthly

Tomoka Eye Associates PA401(k)

TOMOKA EYE ASSOCIATES PA 401(K) PROFIT SHARING PLAN & TRUST · ORMOND BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Tomoka Eye Associates PA reported $33,627 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,807 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 0.69% to 0.76%. 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 (2,519th of 3,644), and 7,990th of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,858,364
Participants with balances114
Active participants113
Employer contributions$204,195
Employee contributions$381,498
Employer contribution per active participant$1,807
Average account balance$42,617
Benefits paid to participants$242,217
Plan auditUnmodified (clean) audit opinion
AuditorGELLERRAGANS
Plan history2
Yearassets · accounts · employer contribution
2024$4.9M · 114 accts · $204K emplr
2022$3.2M · 105 accts · $235K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,775
Investment management$21,992
Trustee / custodial$860
Total administrative$33,627
The Tomoka Eye Associates PA 401(k) match · 2024
Employer contribution per active participant$1,807
Median for plans this size$1,313
2024$1,807 per active participant
2022$2,350 per active participant

Tomoka Eye Associates PA's 2024 employer contribution ran above 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 · 20242
PAYCHEX INC · Recordkeeping$10,148
RAYMOND JAMES & ASSOCIATES · Investment advisory (participants)$21,992

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$33,627 · 0.76%
2022$24,223 · 0.69%
Similar plansHealth Care & Social Assistance · Florida
Chapman Partnership FL$4.8M · 0.41%
The Lord's Place, Inc. FL$4.7M · 0.04%
Children's Forum, Inc. FL$4.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593534775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.