Plan Ledger DOL Form 5500 · updated monthly

Vitamedmd, LLC401(k)

THERAPEUTICS MD 401(K) PLAN · BOCA RATON, FL · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Vitamedmd, LLC reported $83,947 in plan administrative expenses for 2022: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $65,472 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,455th-largest of 3,644 plans among Florida employers on file, and 7,493rd of 13,661 in manufacturing. In 2022, employees put in $6.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,686,342
Participants with balances262
Active participants6
Employer contributions$392,829
Employee contributions$2,740,977
Employer contribution per active participant$65,472
Average account balance$52,238
Benefits paid to participants$2,421,278
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT
The Vitamedmd, LLC 401(k) match · 2022
Employer contribution per active participant$65,472
Median for plans this size$2,266

Vitamedmd, LLC's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$83,947 · 0.56%
Similar plansManufacturing · Florida
Zeppelin Systems USA, Inc. FL$15.1M · 0.05%
Iradimed Corporation FL$14.9M · 0.04%
Formulated Solutions, LLC FL$14.2M · 0.02%
Valeda Company LLC FL$13.1M · 0.66%
Merrick Industries, Inc. FL$13.1M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262704476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.