Plan Ledger DOL Form 5500 · updated monthly

Vitalmd Group Holding. LLC401(k)

VITALMD 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Vitalmd Group Holding. LLC reported $312,856 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $4,241 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 fell from 0.11% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 107th-largest of 3,644 plans among Florida employers on file, and the 414th of 11,911 in health care & social assistance. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 2,462 to 2,859 since 2022.

Plan summary
Net assets, end of year$371,862,537
Participants with balances3,429
Active participants2,859
Employer contributions$12,125,245
Employee contributions$17,297,407
Employer contribution per active participant$4,241
Average account balance$108,446
Benefits paid to participants$18,962,018
Plan auditUnmodified (clean) audit opinion
AuditorHALLER ROBBINS EPELBAUM MISIUNASLLC
Plan history3
Yearassets · accounts · employer contribution
2024$371.9M · 3,429 accts · $12.1M emplr
2023$315.7M · 3,094 accts · $11.2M emplr
2022$259.1M · 2,851 accts · $10.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$187,856
Investment management$125,000
Total administrative$312,856
The Vitalmd Group Holding. LLC 401(k) match · 2024
Employer contribution per active participant$4,241
Median for plans this size$4,294
2024$4,241 per active participant
2023$4,258 per active participant
2022$4,127 per active participant

Vitalmd Group Holding. LLC's 2024 employer contribution ran below the $4,294 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 · 20243
NFP RETIREMENT INC · Investment advisory (plan)$75,000
EMPOWER FINANCIAL SERVICES,INC. · Securities brokerage$630

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$312,856 · 0.09%
2023$283,432 · 0.10%
2022$307,054 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Solaris Health Holdings, LLC FL$464.7M · 0.20%
Watson Clinic LLP FL$327.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 542129332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.