Plan Ledger DOL Form 5500 · updated monthly

Village South, Inc.Profit-sharing plan

VILLAGE SOUTH, INC. PROFIT SHARING PLAN · PEMBROKE PINES, FL · plan year 2023

Reported admin expense ratio · 2023
2.10%

Village South, Inc. reported $22,992 in plan administrative expenses for 2023: 2.10% of average plan assets, higher than ~90% of peers. 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 fell from 2.27% to 2.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,330th of 3,644), and 10,788th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,136,723
Participants with balances368
Active participants242
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$3,089
Benefits paid to participants$21,800
Plan auditUnmodified (clean) audit opinion
AuditorBRUNT, SWEENEY, MATZ, P.A., CPA'S
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 368 accts
2022$1.1M · 370 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,140
Investment management$4,902
Audit (IQPA)$6,950
Total administrative$22,992
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 · 20233
EJREYNOLDS, INC. · Accounting / audit · Recordkeeping$11,140
BRUNT, SWEENEY, MATZ, PA · Accounting / audit$6,950
MALCOM H. GISSEN & ASSOC · Investment advisory (plan) · Investment management$5,200

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

Administrative cost history2
2023$22,992 · 2.10%
2022$23,714 · 2.27%
Similar plansHealth Care & Social Assistance · Florida
Tmr Management Fl LLC FL$1.2M · 1.44%
Watercrest Group, LLC FL$1.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591452736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.