Plan Ledger DOL Form 5500 · updated monthly

Guardian Healthcare LLC401(k)

GUARDIAN HEALTHCARE LLC 401(K) PROFIT SHARING PLAN & TRUST · JAMAICA PLAIN, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Guardian Healthcare LLC reported $8,002 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,007 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 3 years on file its reported administrative ratio has held roughly steady near 0.435%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,564th of 2,726), and 9,932nd of 11,911 in health care & social assistance. In 2024, employees put in $1.22 for every $1.00 the employer contributed; active participation has grown from 195 to 221 since 2022.

Plan summary
Net assets, end of year$2,139,885
Participants with balances206
Active participants221
Employer contributions$222,614
Employee contributions$272,077
Employer contribution per active participant$1,007
Average account balance$10,388
Benefits paid to participants$76,086
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 206 accts · $223K emplr
2023$1.5M · 204 accts · $194K emplr
2022$965K · 211 accts · $169K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,718
Investment management$424
Trustee / custodial$860
Total administrative$8,002
The Guardian Healthcare LLC 401(k) match · 2024
Employer contribution per active participant$1,007
Median for plans this size$1,313
2024$1,007 per active participant
2023$973 per active participant
2022$865 per active participant

Guardian Healthcare LLC's 2024 employer contribution ran below the $1,313 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 · 20241
PAYCHEX, INC. · Recordkeeping$7,455

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$8,002 · 0.43%
2023$5,794 · 0.46%
2022$3,794 · 0.43%
Similar plansHealth Care & Social Assistance · Massachusetts
Fidelity House, Inc. MA$2.2M · 0.73%
Triangle, Inc. MA$2.2M · 0.05%
Abacus Insights Inc. MA$2.1M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263034934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.