Advanced Recovery Systems, LLC 401(k) Review & Grade
Ars 401(k) Plan
Fort Lauderdale, FLHealth Care & Social Assistance1,332 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$630Employer $ per active participant
$2,388Employee $ saved per active participant
0.18%Direct admin cost, % of plan assets
$17.4MNet plan assets, end of year
$11,532Average balance per account
Score breakdown
- Employer generosity20.0 / 5040th percentile for employer $ per participant
- Low cost14.3 / 2557th percentile for low admin cost vs. same-size plans
- Employee saving7.1 / 1547th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
- Red-flag deductions-13 pts2 issues reported on the filing
Total score28 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 40th |
| Lower admin cost | 57th |
| Employee saving | 47th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($8,971 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $2,280 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Advanced Recovery Systems put in about $630 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $840,029 |
| Participant (employee) contributions | $3,181,545 |
| Other contributions (incl. rollovers in) | $259,941 |
| Administrative expenses paid from the plan | $28,391 |
| Benefits paid out | $2,583,717 |
| Net assets, start / end of year | $13.8M / $17.4M |
| Active participants, start / end of year | 1,308 / 1,357 |
| Participants with account balances | 1,512 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Voya Retirement Insurance | $20,930 reported compensation |
| Qualified Plan Administrators, Inc. | $7,461 reported compensation |
| Morningstar | $2,371 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015104918NAL0002168707002, received 2025-10-15, EIN 80-0964046, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.