Plan Ledger DOL Form 5500 · updated monthly

Bethesda Health Clinic401(k)

BETHESDA HEALTH CLINIC 401(K) PROFIT SHARING PLAN AND TRUST · TYLER, TX · plan year 2024

Reported admin expense ratio · 2024
2.82%

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

Bethesda Health Clinic reported $27,742 in plan administrative expenses for 2024: 2.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $997 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 2 years on file its reported administrative ratio fell from 3.21% to 2.82%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (5,207th of 5,688), and 11,182nd of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 120 to 142 since 2022.

Plan summary
Net assets, end of year$1,199,228
Participants with balances173
Active participants142
Employer contributions$141,543
Employee contributions$281,866
Employer contribution per active participant$997
Average account balance$6,932
Benefits paid to participants$93,168
Plan auditUnmodified (clean) audit opinion
AuditorGOLLOB MORGAN PEDDY AND CO
Plan history3
Yearassets · accounts · employer contribution
2024$1.2M · 173 accts · $142K emplr
2023$767K · 139 accts · $98K emplr
2022$487K · 128 accts · $59K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,742
Total administrative$27,742
The Bethesda Health Clinic 401(k) match · 2024
Employer contribution per active participant$997
Median for plans this size$540
2024$997 per active participant
2023$773 per active participant
2022$494 per active participant

Bethesda Health Clinic's 2024 employer contribution ran above the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$27,741

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$27,742 · 2.82%
2023$20,898 · 3.33%
2022$14,131 · 3.21%
Similar plansProfessional & Technical Services · Texas
Transglobal Services, LLC TX$1.3M · 0.25%
Scs Technologies, LLC TX$1.2M · 0.11%
Arias & Associates, Inc. TX$1.2M · 0.91%
Msb Consulting Group LLC TX$1.1M · 0.01%
Utility Concierge LLC TX$1.1M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260036674 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.