Empower Healthcare Solutions, LLC.401(k)
EMPOWER HEALTHCARE SOLUTIONS 401(K) PLAN · LITTLE ROCK, AR · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Empower Healthcare Solutions, LLC. reported $12,716 in plan administrative expenses for 2022: 1.25% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,952 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.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Arkansas (394th of 456), and 4,661st of 4,798 in finance & insurance. In 2022, the employer put in $2.14 for every $1.00 employees contributed themselves.
Empower Healthcare Solutions, LLC.'s 2022 employer contribution ran above the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 821454657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.