Plan Ledger DOL Form 5500 · updated monthly

Behavioral Health Specialists, Inc.Profit-sharing plan

BEHAVIORAL HEALTH SPECIALISTS RETIREMENT PLAN · NORFOLK, NE · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Behavioral Health Specialists, Inc. reported $20,819 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $742 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 0.72%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Nebraska (512th of 565), and 9,480th of 11,911 in health care & social assistance. In 2022, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,714,123
Participants with balances152
Active participants107
Employer contributions$79,408
Employee contributions$209,903
Employer contribution per active participant$742
Average account balance$17,856
Benefits paid to participants$338,208
Plan auditUnmodified (clean) audit opinion
AuditorSSA, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 122 accts · $78K emplr
2023$2.6M · 105 accts · $69K emplr
2022$2.7M · 152 accts · $79K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,409
Investment management$6,410
Total administrative$20,819
Employer contributions to the Behavioral Health Specialists, Inc. plan · 2022
Employer contribution per active participant$742
Median for plans this size$1,114
2024$869 per active participant
2023$753 per active participant
2022$742 per active participant

Behavioral Health Specialists, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024RETIREMENT PLAN CONSULTANTS, LLC
2023RETIREMENT PLAN CONSULTANTS, LLC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,617 · 0.72%
2023$27,650 · 1.04%
2022$20,819 · 0.71%
Similar plansHealth Care & Social Assistance · Nebraska
Kubat Pharmacy, LLC NE$3.8M · 0.04%
Radical Minds NE$1.7M · 0.15%
Florence Home NE$896K · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470760528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.