Plan Ledger DOL Form 5500 · updated monthly

Employer Direct Healthcare LLC401(k)

EMPLOYER DIRECT HEALTHCARE LLC 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Employer Direct Healthcare LLC reported $35,919 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $3,579 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 0.60% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Texas (2,983rd of 5,688), and 3,924th of 4,798 in finance & insurance. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 192 to 338 since 2022.

Plan summary
Net assets, end of year$10,593,221
Participants with balances258
Active participants338
Employer contributions$1,209,572
Employee contributions$1,809,656
Employer contribution per active participant$3,579
Average account balance$41,059
Benefits paid to participants$426,320
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 258 accts · $1.2M emplr
2023$5.9M · 152 accts · $782K emplr
2022$3.6M · 157 accts · $725K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,433
Investment management$28,486
Total administrative$35,919
The Employer Direct Healthcare LLC 401(k) match · 2024
Employer contribution per active participant$3,579
Median for plans this size$1,313
2024$3,579 per active participant
2023$3,687 per active participant
2022$3,774 per active participant

Employer Direct Healthcare LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$28,486
ADP, INC. · Loan processing · Recordkeeping$7,433

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, GALLAGHER BENEFIT SERVICES
2023ADP, GALLAGHER BENEFIT SERVICES

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

Administrative cost history3
2024$35,919 · 0.44%
2023$25,716 · 0.54%
2022$19,658 · 0.60%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 453780484 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.