Plan Ledger DOL Form 5500 · updated monthly

Empowerme Holdings, LLC401(k)

EMPOWERME WELLNESS RETIREMENT SAVINGS PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Empowerme Holdings, LLC reported $285,514 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,254 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 0.97% to 0.60%. 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 312th-largest of 1,393 plans among Missouri employers on file, and the 1,795th of 11,911 in health care & social assistance. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 380 to 2,068 since 2022.

Plan summary
Net assets, end of year$52,574,672
Participants with balances1,534
Active participants2,068
Employer contributions$2,593,851
Employee contributions$5,978,777
Employer contribution per active participant$1,254
Average account balance$34,273
Benefits paid to participants$5,289,000
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANYM, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$52.6M · 1,534 accts · $2.6M emplr
2023$42.3M · 1,393 accts · $1.8M emplr
2022$1.9M · 172 accts · $297K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$285,514
Total administrative$285,514
The Empowerme Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,254
Median for plans this size$2,416
2024$1,254 per active participant
2023$907 per active participant
2022$783 per active participant

Empowerme Holdings, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20246
KIMBERLIN COMPANY PLLLC · Accounting / audit$108,375
KRILOGY FINANCIAL LLC · Investment advisory (plan)$90,240
CRAWFORD PIMENTEL CORP · Accounting / audit · Investment advisory (plan)$28,673
BENEFIT PLANS PLUS · Contract administrator$26,334
EMPOWER ADVISORY GROUP LLC · Investment management$11,415

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$285,514 · 0.60%
2023$132,914 · 0.60%
2022$13,137 · 0.97%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Ozarks Healthcare MO$52.6M · 0.30%
Urology of St. Louis, Inc. MO$49.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853862973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.