Plan Ledger DOL Form 5500 · updated monthly

Family Hospital Systems401(k)

FAMILY EMERGENCY ROOM LLC. 401(K) PLAN · CEDAR PARK, TX · plan year 2023

Reported admin expense ratio · 2023
0.82%

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

Family Hospital Systems reported $28,657 in plan administrative expenses for 2023: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,350 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 1 year on file its reported administrative ratio rose from 0.58% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,348th of 5,688), and 8,664th of 11,911 in health care & social assistance. In 2023, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,834,769
Participants with balances178
Active participants274
Employer contributions$369,936
Employee contributions$765,669
Employer contribution per active participant$1,350
Average account balance$21,544
Benefits paid to participants$1,121,103
Plan auditUnmodified (clean) audit opinion
AuditorPEGGY S. EDGE
Plan history2
Yearassets · accounts · employer contribution
2023$3.8M · 178 accts · $370K emplr
2022$3.2M · 181 accts · $343K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,657
Total administrative$28,657
The Family Hospital Systems 401(k) match · 2023
Employer contribution per active participant$1,350
Median for plans this size$1,308
2023$1,350 per active participant
2022$1,208 per active participant

Family Hospital Systems's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$28,657

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

Administrative cost history2
2023$28,657 · 0.82%
2022$15,830 · 0.58%
Similar plansHealth Care & Social Assistance · Texas
The Rose TX$4.0M · 1.08%
Tots in Tow LLC TX$3.8M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462218636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.