Plan Ledger DOL Form 5500 · updated monthly

Better Health Group Services, Inc.401(k)

BETTER HEALTH RETIREMENT PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Better Health Group Services, Inc. reported $100,293 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $1,505 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 rose from 0.32% to 0.40%. 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 829th-largest of 3,644 plans among Florida employers on file, and the 2,821st of 11,911 in health care & social assistance. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 543 to 1,005 since 2022.

Plan summary
Net assets, end of year$29,373,494
Participants with balances664
Active participants1,005
Employer contributions$1,512,895
Employee contributions$3,320,708
Employer contribution per active participant$1,505
Average account balance$44,237
Benefits paid to participants$2,135,206
Plan auditUnmodified (clean) audit opinion
AuditorDGPERRY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.4M · 664 accts · $1.5M emplr
2023$20.4M · 552 accts · $1.2M emplr
2022$10.0M · 303 accts · $677K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,154
Investment management$41,399
Trustee / custodial$5,740
Total administrative$100,293
The Better Health Group Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,505
Median for plans this size$2,416
2024$1,505 per active participant
2023$1,179 per active participant
2022$1,246 per active participant

Better Health Group Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$53,154
INVST · Investment advisory (participants) · Investment advisory (plan)$41,399
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$5,740

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$100,293 · 0.40%
2023$59,172 · 0.39%
2022$31,172 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Miami Jewish Health Systems FL$30.3M · 0.28%
Novelle Health, LLC FL$29.4M · 0.35%
Childnet, Inc. FL$28.9M · 0.44%
Uwh of Michigan FL$28.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873709729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.