Plan Ledger DOL Form 5500 · updated monthly

Hallmark University, Inc.401(k)

HALLMARK UNIVERSITY, INC. 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Hallmark University, Inc. reported $13,159 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $1,033 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 0.55% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (4,436th of 5,688), and 2,664th of 3,091 in educational services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 126 to 160 since 2022.

Plan summary
Net assets, end of year$3,505,312
Participants with balances163
Active participants160
Employer contributions$165,234
Employee contributions$323,779
Employer contribution per active participant$1,033
Average account balance$21,505
Benefits paid to participants$248,337
Plan auditUnmodified (clean) audit opinion
AuditorSST ACCOUNTANTS & CONSULTANTS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 163 accts · $165K emplr
2023$3.0M · 156 accts · $154K emplr
2022$2.7M · 126 accts · $150K emplr
The Hallmark University, Inc. 401(k) match · 2024
Employer contribution per active participant$1,033
Median for plans this size$1,313
2024$1,033 per active participant
2023$931 per active participant
2022$1,192 per active participant

Hallmark University, Inc.'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 · 20243
PENSIONMARK$14,723
THE ALLOCATION COMPANY · Other services$1,531
VOYA RETIREMENT INS. & ANNUITY CO · Investment advisory (plan)indirect comp

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$13,159 · 0.41%
2023$10,738 · 0.38%
2022$15,195 · 0.55%
Same employer
Similar plansEducational Services · Texas
Genesys Works TX$3.9M · 0.61%
Headwaters School TX$3.7M · 0.75%
Reup Education Inc. TX$3.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454620000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.