Plan Ledger DOL Form 5500 · updated monthly

University of St. Augustine for Health Sciences, LLC401(k)

UNIVERSITY OF ST. AUGUSTINE FOR HEALTH SCIENCES 401(K) RETIREMENT SAVINGS PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

University of St. Augustine for Health Sciences, LLC reported $95,102 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $1,426 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 0.21% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 670th-largest of 3,644 plans among Florida employers on file, and the 1,109th of 3,091 in educational services. In 2024, employees put in $3.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,788,119
Participants with balances1,233
Active participants994
Employer contributions$1,417,602
Employee contributions$4,737,021
Employer contribution per active participant$1,426
Average account balance$30,647
Benefits paid to participants$3,827,791
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$37.8M · 1,233 accts · $1.4M emplr
2023$30.4M · 1,196 accts · $1.4M emplr
2022$21.4M · 1,119 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,851
Investment management$251
Total administrative$95,102
The University of St. Augustine for Health Sciences, LLC 401(k) match · 2024
Employer contribution per active participant$1,426
Median for plans this size$2,416
2024$1,426 per active participant
2023$1,357 per active participant
2022$1,200 per active participant

University of St. Augustine for Health Sciences, 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
LINCOLN FINANCIAL GROUP · Contract administrator$94,851

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$95,102 · 0.28%
2023$68,527 · 0.26%
2022$43,091 · 0.21%
Same employer
Similar plansEducational Services · Florida
Bethune-Cookman University FL$45.5M · 0.09%
Palm Beach Day Academy FL$36.2M · 0.17%
Avenues New York, LLC FL$34.3M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593166042 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.