Plan Ledger DOL Form 5500 · updated monthly

University Medical Service Association, Inc.403(b)

UNIVERSITY MEDICAL SERVICE ASSOCIATION, INC. TAX DEFERRED ANNUITY PLAN · TAMPA, FL · plan year 2023

Reported admin expense ratio · 2023
0.28%

University Medical Service Association, Inc. reported $123,253 in plan administrative expenses for 2023: 0.28% of average plan assets, above the peer median. 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 0.18% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 587th-largest of 3,644 plans among Florida employers on file, and the 2,059th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$44,571,436
Participants with balances1,752
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$25,440
Benefits paid to participants$4,615,806
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.9M · 1,621 accts
2023$44.6M · 1,752 accts
2022$43.8M · 1,592 accts · $105K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$123,253
Total administrative$123,253
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
VALIC RETIREMENT SERVICES CO · Custodial (securities) · Investment advisory (participants)$89,729
VARIABLE ANNUITY LIFE INSURANCE CO · Custodial (securities) · Investment advisory (participants)$33,524

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$120,037 · 0.28%
2023$123,253 · 0.28%
2022$100,677 · 0.18%
Similar plansHealth Care & Social Assistance · Florida
Simedhealth, L.L.C. FL$45.7M · 0.12%
Westminster Services, Inc. FL$41.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237313346 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.