Florida › Health care and social assistance › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Orlando Health, Inc. Retirement Savings Plan 401A
Sponsored by Orlando Health, Inc., Orlando, FL
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Orlando Health, Inc. Retirement Savings Plan 401A is a profit-sharing plan sponsored by Orlando Health, Inc. of Orlando, Florida. For the plan year ending 31 Dec 2024 it reported 14,790 participants, 10,132 of them active, and net assets of $458M.
Net assets came to $30,969 per participant, well below the $64,499 median for defined contribution plans with 5,000 to 24,999 participants and close to the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $494K: $33.39 per participant, well below the same-size median of $53.38. Administrative expenses charged to the plan were $494K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $145M in 2009 to $458M in 2024 (up 215%), and participants from 12,353 to 14,790 (up 20%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $30,969 | $64,499 | $30,764 | $53,102 |
| Employer contributions per active participant | — | $2,424 | $1,536 | $2,175 |
| Schedule C compensation per participant | $33.39 | $53.38 | $93.85 | $123 |
| Schedule C compensation, share of net assets | 0.11% | 0.09% | 0.31% | 0.26% |
| Administrative expenses per participant | $33.39 | $54.85 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 14,790 | $458M | $30,969 | — | — | $494K |
| 2023 | 33,062 | $441M | $13,347 | — | — | $467K |
| 2022 | 31,238 | $418M | $13,392 | — | — | $460K |
| 2021 | 29,194 | $541M | $18,525 | — | — | $549K |
| 2020 | 27,617 | $502M | $18,166 | — | — | $712K |
| 2019 | 20,089 | $335M | $16,700 | $2.0M | — | $586K |
| 2018 | 17,589 | $293M | $16,669 | $2.3M | — | $523K |
| 2017 | 16,539 | $328M | $19,808 | $25.0M | — | $525K |
| 2016 | 15,772 | $274M | $17,394 | $23.6M | — | $522K |
| 2015 | 14,811 | $253M | $17,063 | $21.4M | — | $481K |
| 2014 | 18,617 | $254M | $13,632 | $20.5M | — | $489K |
| 2013 | 18,021 | $244M | $13,530 | $20.6M | $0 | $556K |
| 2012 | 14,768 | $206M | $13,942 | $20.2M | $0 | $1.0M |
| 2011 | 13,370 | $178M | $13,281 | $18.4M | — | $934K |
| 2010 | 12,601 | $172M | $13,676 | $16.9M | $0 | $734K |
| 2009 | 12,353 | $145M | $11,778 | $15.6M | $0 | $698K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$441,283,104
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$56,349,835
- Benefits paid$39,109,272
- Administrative expenses$493,869
- Total expenses$39,601,641
- Net income$16,748,194
- Net transfers$0
- Net assets, end of year$458,031,298
Participants
- Active participants10,132
- Retired or separated, receiving benefits129
- Retired or separated, entitled to future benefits4,488
- Participants with account balances13,469
- Total participants, end of year14,790
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Fid Inv Inst Ops Co. | Recordkeeping and information management; Participant loan processing | $441,858 | $0 |
| Cap Financial Partners, LLC | Investment advisory (plan) | $52,012 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Recordkeeping fees$440,958
- Other administrative expenses$52,011
- Contract administrator fees$900
- Total administrative expenses$493,869
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$210M · 45.8%
- Common/collective trusts$207M · 45.2%
- Insurance company general account$37.1M · 8.1%
- Cash (interest and non-interest bearing)$2.6M · 0.6%
- Participant loans$1.7M · 0.4%
- Receivables$148 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmErnst & Young, LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2KCode section 401(m) arrangement2TTotal or partial participant-directed account plan with a default investment account3HPlan sponsor(s) is (are) a member(s) of a controlled group
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 622000: Hospitals.
Other plans of Orlando Health, Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Orlando Health Retirement Savings Plan 403(b) | 55,514 | $1.91B |
Similar plans in Florida
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Shands Health Care Matched Savings Account 401(a) | Shands Teaching Hospital and Clinics, Inc. | 15,494 | $487M | $31,423 |
| Vitas Healthcare Corporation 401(k) Plan | Vitas Healthcare Corporation | 14,076 | $493M | $34,999 |
| Shands Healthcare Matched Savings Account 403(b) | Shands Teaching Hospital and Clinics, Inc. | 15,926 | $625M | $39,224 |
| Lincare Employees' 401(k) Plan | Lincare Inc. | 13,831 | $470M | $33,966 |
| The Nemours Foundation Section 403(b) Plan | The Nemours Foundation | 16,384 | $1.31B | $80,195 |
| Health First Retirement Savings Plan | Health First Shared Services, Inc. | 12,178 | $1.01B | $82,883 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is Orlando Health, Inc. Retirement Savings Plan 401A?
14,790 participants at the end of the plan year ending 31 Dec 2024, of whom 10,132 were active employees, with net assets of $458,031,298. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does Orlando Health, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $493,870 in compensation to service provider organisations, $33.39 per participant or 0.11% of net assets. The same-size median among plans reporting any Schedule C compensation was $53.38 per participant. Administrative expenses on Schedule H were $493,869. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Orlando Health, Inc.. Recordkeeping or administration: Fid Inv Inst Ops Co.. Investment advisory or management: Cap Financial Partners, LLC. The financial statements were audited by Ernst & Young, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 5 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 59-1726273, plan 002, received 5 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.