Profit Sharing · DOL Form 5500 · 2023

Florida Health Care Plan, Inc. Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
170
Participants
64th
Percentile by assets
$74,489
Avg per participant
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Official DOL plan name: Florida Health Care Plan, Inc. 403(b) Plan · Sponsored by Florida Health Care Plan, Inc. · Florida · Healthcare & Social Assistance

$13M in assets, 170 participants

Florida Health Care Plan, Inc.'s Florida Health Care Plan, Inc. 403(b) Plan reported $13M in total assets and 170 participants in its 2023 DOL Form 5500 filing, ranking in the 64th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 64th percentile by assets (of 127,072 plans)
  • #12,203 in Healthcare & Social Assistance (17,684 peers)

Coverage in Florida

Florida Health Care Plan, Inc. 403(b) Plan covers 170 participants in Florida, about 27% of the average Florida filer (state average ~628 per filing). Assets: $13M.

$13M
total plan assets (2023 EOY)
170
covered participants
64th
percentile by assets (of 127,072 plans)
$74,489
avg assets per participant

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Florida Health Care Plan, Inc. 403(b) Plan reported net income rose from -$3M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Florida Health Care Plan, Inc. 403(b) Plan reported participants fell from 198 in the plan year 2022 filing to 170 in the plan year 2023 filing.
  • Florida Health Care Plan, Inc. 403(b) Plan end-of-year assets fell from $14M in the plan year 2022 filing to $13M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Florida filers

In Florida, the average filing covers about 628 participants across 6,617 plans. Florida Health Care Plan, Inc. 403(b) Plan reports 170 participants - about 27% of that state average ($13M EOY assets).

Florida filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income-$1M
Employer EIN263238817
Plan Effective Date1997-09-07
Filing StatusFILING RECEIVED

Sponsor Plan History (Florida Health Care Plan, Inc.)

$70M$80M$90M$100M 202220232024 $79.7M $97.8M ▲ +22.8%
Total plan assets by year, all Florida Health Care Plan, Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,569 $80M
2023 2 1,575 $90M
2024 2 1,584 $98M

Nearby Profit Sharing Plans in Florida

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Florida Health Care Plan, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Florida Health Care Plan, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Florida Health Care …Retirement Wealth Bu…Raymond James Financ…Orlando Health, Inc.…Shands Health Care M…American Maritime Of…
Florida Health Care Plan, Inc. 403(b) Plan vs. nearby Profit Sharing plans in Florida, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Florida Health Care Plan, Inc. 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Florida Health Care Plan, Inc. 403(b) Plan assets move in 2023?
Florida Health Care Plan, Inc. 403(b) Plan pulled back noticeably - down 8.4% during 2023, from $14M to $13M. Reported net income was -$1M.
How have Florida Health Care Plan, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Florida Health Care Plan, Inc.'s sponsor-wide assets grew 22.8%, from $80M to $98M.
Which Profit Sharing plans are similar in size to Florida Health Care Plan, Inc. 403(b) Plan?
Among Profit Sharing plans in other states, the closest by assets is Worcester Art Museum Retirement Plan in MA ($13M, 199 participants).

Next read for Florida Health Care Plan, Inc. 403(b) Pl…

Filing takeaways

Ways to act on Florida Health Care Plan, Inc. 403(b) Plan's numbers.