Plan Ledger DOL Form 5500 · updated monthly

Harbor Healthcare System, LP401(k)

HARBOR HEALTHCARE SYSTEM 401(K) PLAN · BEAUMONT, TX · plan year 2024

Reported admin expense ratio · 2024
1.50%

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

Harbor Healthcare System, LP reported $137,664 in plan administrative expenses for 2024: 1.50% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (3,060th of 5,688), and 7,985th of 11,654 in professional & technical services. active participation has grown from 1,004 to 1,144 since 2022.

Plan summary
Net assets, end of year$10,063,666
Participants with balances1,715
Active participants1,144
Employer contributions$0
Employee contributions$2,053,774
Employer contribution per active participant$0
Average account balance$5,868
Benefits paid to participants$1,743,439
Plan auditUnmodified (clean) audit opinion
AuditorBENTLEY, BRATCHER & ASSOCIATES, P.C
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 1,715 accts
2023$8.3M · 1,477 accts
2022$6.3M · 1,509 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,780
Investment management$27,884
Total administrative$137,664
The Harbor Healthcare System, LP 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Harbor Healthcare System, LP's 2024 employer contribution ran below the $1,313 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$115,475
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$15,517
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (participants)$12,367

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$137,664 · 1.50%
2023$162,762 · 2.23%
2022$100,519 · 1.55%
Same employer
Similar plansProfessional & Technical Services · Texas
Ne Construction LLP TX$10.2M · 0.19%
Volusion, LLC TX$10.2M · 0.55%
Zenbusiness Inc TX$10.0M · 0.24%
Morgan & Weisbrod, L.L.P. TX$10.0M · 0.81%
Instil Bio, Inc. TX$9.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204081878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.