Plan Ledger DOL Form 5500 · updated monthly

Destiny Springs Healthcare, LLC401(k)

DESTINY SPRINGS HEALTHCARE, LLC 401(K) RETIREMENT PLAN · SURPRISE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.66%

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

Destiny Springs Healthcare, LLC reported $5,409 in plan administrative expenses for 2024: 1.66% of average plan assets, above the peer median. Employer contributions averaged $534 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 4.15% to 1.66%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,226th of 1,285), and 11,427th of 11,911 in health care & social assistance. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$432,535
Participants with balances121
Active participants170
Employer contributions$90,833
Employee contributions$119,410
Employer contribution per active participant$534
Average account balance$3,575
Benefits paid to participants$35,845
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$433K · 121 accts · $91K emplr
2022$106K · 72 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,601
Investment management$2,808
Total administrative$5,409
The Destiny Springs Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$534
Median for plans this size$540

Destiny Springs Healthcare, LLC's 2024 employer contribution ran below 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 · 20243
NORTH AMERICAN KTRADE ALLIANCE, LLC · Recordkeeping$2,601
HILLSPRING FINANCIAL, INC · Investment advisory (participants) · Investment advisory (plan)$1,443
LATITUDE SERVICE COMPANY, INC · Plan administrator · Investment management$1,365

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

Administrative cost history2
2024$5,409 · 1.66%
2022$3,593 · 4.15%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Civitan Foundation Inc. AZ$517K · 0.48%
Axis for Autism LLC AZ$445K · 1.11%
Ohana Family Homes, LLC. AZ$359K · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814160201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.