Plan Ledger DOL Form 5500 · updated monthly

Carter Bloodcare401(k)

CARTER BLOODCARE EMPLOYEE'S SAVINGS PLAN · BEDFORD, TX · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Carter Bloodcare reported $217,035 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,385 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 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 925th-largest of 5,688 plans among Texas employers on file, and the 1,582nd of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,159,250
Participants with balances899
Active participants1,017
Employer contributions$2,425,763
Employee contributions$3,899,288
Employer contribution per active participant$2,385
Average account balance$68,030
Benefits paid to participants$8,817,465
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.2M · 899 accts · $2.4M emplr
2023$56.4M · 841 accts · $2.0M emplr
2022$48.0M · 804 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$217,035
Total administrative$217,035
The Carter Bloodcare 401(k) match · 2024
Employer contribution per active participant$2,385
Median for plans this size$3,635
2024$2,385 per active participant
2023$2,148 per active participant
2022$1,976 per active participant

Carter Bloodcare's 2024 employer contribution ran below the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$217,034
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$217,035 · 0.37%
2023$185,126 · 0.35%
2022$172,411 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Biobridge Global TX$65.1M · 0.24%
Commonwealth Emergency TX$61.7M · 0.19%
Urology America Mso, LLC TX$60.3M · 0.22%
Hospitalists Now, Inc. TX$55.3M · 0.02%
Inform Diagnostics, Inc. TX$54.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751035606 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.