Plan Ledger DOL Form 5500 · updated monthly

Vitas Healthcare Corporation401(k)

VITAS HEALTHCARE CORPORATION 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Vitas Healthcare Corporation reported $793,936 in plan administrative expenses for 2024: 0.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $793 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 3 years on file its reported administrative ratio has held roughly steady near 0.17%. 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 85th-largest of 3,644 plans among Florida employers on file, and the 330th of 11,911 in health care & social assistance. In 2024, employees put in $5.21 for every $1.00 the employer contributed; active participation has grown from 9,023 to 10,878 since 2022.

Plan summary
Net assets, end of year$492,639,999
Participants with balances13,175
Active participants10,878
Employer contributions$8,624,979
Employee contributions$44,943,900
Employer contribution per active participant$793
Average account balance$37,392
Benefits paid to participants$53,391,887
Plan auditUnmodified (clean) audit opinion
AuditorLERROSARBEY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$492.6M · 13,175 accts · $8.6M emplr
2023$429.4M · 11,853 accts · $6.6M emplr
2022$362.9M · 10,874 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$642,936
Investment management$95,000
Audit (IQPA)$56,000
Total administrative$793,936
The Vitas Healthcare Corporation 401(k) match · 2024
Employer contribution per active participant$793
Median for plans this size$4,294
2024$793 per active participant
2023$681 per active participant
2022$531 per active participant

Vitas Healthcare Corporation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
LINCOLN NATIONAL CORPORATION · Contract administrator · Investment advisory (participants)$642,936
MMA SECURITIES · Investment advisory (plan)$95,000
MARCUM LLP · Accounting / audit$56,000

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$793,936 · 0.17%
2023$647,807 · 0.16%
2022$660,752 · 0.16%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Lincare Inc. FL$469.8M · 0.12%
Solaris Health Holdings, LLC FL$464.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592318357 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.