Plan Ledger DOL Form 5500 · updated monthly

Handi Medical Supply, Inc.401(k)

HANDI MEDICAL SUPPLY, INC. 401(K) PLAN · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Handi Medical Supply, Inc. reported $43,283 in plan administrative expenses for 2024: 0.78% of average plan assets, above the peer median. Employer contributions averaged $959 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 rose from 0.68% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Minnesota (1,508th of 1,918), and 3,487th of 5,215 in retail trade. In 2024, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,024,721
Participants with balances157
Active participants130
Employer contributions$124,733
Employee contributions$507,629
Employer contribution per active participant$959
Average account balance$38,374
Benefits paid to participants$277,665
Plan auditUnmodified (clean) audit opinion
AuditorCOPELAND BUHL & COMPANY PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 157 accts · $125K emplr
2023$5.1M · 145 accts · $68K emplr
2022$5.1M · 134 accts · $58K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,603
Investment management$5,680
Total administrative$43,283
The Handi Medical Supply, Inc. 401(k) match · 2024
Employer contribution per active participant$959
Median for plans this size$1,313
2024$959 per active participant
2023$528 per active participant
2022$474 per active participant

Handi Medical Supply, 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
MHS ADVISORY SERVICES LLC DBA · Investment advisory (plan)$19,603
TSC 401K · Contract administrator$10,595

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$43,283 · 0.78%
2023$34,573 · 0.68%
2022$37,081 · 0.68%
Similar plansRetail Trade · Minnesota
Mauer Chevrolet MN$6.2M · 1.40%
Carlson Toyota MN$6.2M · 0.34%
Pal Management, Inc. MN$5.8M · 0.97%
Kadlec Motors, Inc. MN$5.7M · 1.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411668164 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.