Plan Snapshot
- Plan Sponsor: Opko Health, INC.
- Sponsor EIN: 752402409
- Sponsor Address: 4400 BISCAYNE BLVD, MIAMI, FL, 33137
- Plan Type: 401(k)
- Total Participants: 2,272
- Total Assets: $225.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,272 | $225.1M | $6.8M | $14.9M |
| 2023 | 3,226 | $207.6M | $14.7M | $15.8M |
| 2022 | 4,047 | $169.0M | $9.6M | $19.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $296,290 | — | $296,290 |
| CREATIVE PLANNING LLC | INVESTMENT ADVISOR | $80,000 | — | $80,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $66,880 | — | $66,880 |
| SOCORRO PARTNERS CPA'S&ADVISORS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING LLC — INVESTMENT ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $443,170
- Estimated Expense Ratio: 0.197% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $443,170 | $146,880 | $1,200 | — | — |
| 2023 | $400,759 | $151,837 | — | — | — |
| 2022 | $508,366 | $53,647 | — | — | — |