Plan Ledger DOL Form 5500 · updated monthly

Hatley Health Care, Inc.401(k)

HATLEY HEALTH CARE, INC. 401(K) PLAN · CLANTON, AL · plan year 2022

Reported admin expense ratio · 2022
0.90%

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

Hatley Health Care, Inc. reported $18,091 in plan administrative expenses for 2022: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,180 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (817th of 902), and 10,301st of 11,911 in health care & social assistance. In 2022, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,699,266
Participants with balances56
Active participants78
Employer contributions$92,069
Employee contributions$96,701
Employer contribution per active participant$1,180
Average account balance$30,344
Benefits paid to participants$466,549
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS, INGRAM , LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,082
Professional / advisory$4,009
Total administrative$18,091
The Hatley Health Care, Inc. 401(k) match · 2022
Employer contribution per active participant$1,180
Median for plans this size$1,114

Hatley Health Care, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$18,091 · 0.90%
Similar plansHealth Care & Social Assistance · Alabama
McBh, LLC AL$2.0M · 1.09%
St. Martin's-In-The-Pines AL$1.8M · 0.37%
Southern Springs AL$1.8M · 1.21%
Community Senior Life AL$1.5M · 1.78%
Shoals Primary Care, LLC AL$1.4M · 0.22%
The Bridge, Inc. AL$1.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630815920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.