Plan Ledger DOL Form 5500 · updated monthly

Baymark Health Services, Inc.401(k)

BAYMARK HEALTH SERVICES, INC. RETIREMENT SAVINGS PLAN · LEWISVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Baymark Health Services, Inc. reported $159,642 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $245 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 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,128th-largest of 5,688 plans among Texas employers on file, and the 2,011th of 11,911 in health care & social assistance. In 2024, employees put in $7.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,924,569
Participants with balances1,801
Active participants3,240
Employer contributions$792,830
Employee contributions$6,214,986
Employer contribution per active participant$245
Average account balance$25,499
Benefits paid to participants$6,296,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.9M · 1,801 accts · $793K emplr
2023$38.2M · 1,520 accts · $787K emplr
2022$31.0M · 1,321 accts · $657K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,763
Investment management$13,879
Total administrative$159,642
The Baymark Health Services, Inc. 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$2,416
2024$245 per active participant
2023$270 per active participant
2022$218 per active participant

Baymark Health Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$145,763
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$13,879

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$159,642 · 0.38%
2023$131,185 · 0.38%
2022$121,106 · 0.37%
Similar plansHealth Care & Social Assistance · Texas
Valor Healthcare, Inc. TX$45.5M · 0.26%
Bakerripley TX$43.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473508010 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.