United States Pharmaceutical Gro401(k)
CONVEY HEALTH SOLUTIONS 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
United States Pharmaceutical Gro reported $131,272 in plan administrative expenses for 2023: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,978 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 3 years on file its reported administrative ratio has held roughly steady near 0.337%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 586th-largest of 3,644 plans among Florida employers on file, and the 3,021st of 11,654 in professional & technical services. In 2023, employees put in $2.01 for every $1.00 the employer contributed; active participation has shrunk from 1,866 to 1,280 since 2022.
United States Pharmaceutical Gro's 2023 employer contribution ran below the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 651122695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.