Plan Ledger DOL Form 5500 · updated monthly

Hctec Partners401(k)

HCTEC PARTNERS 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.92%

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

Hctec Partners reported $88,437 in plan administrative expenses for 2024: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $653 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 0.92%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Tennessee (820th of 1,496), and the 986th of 2,534 in administrative & support services. In 2024, employees put in $5.08 for every $1.00 the employer contributed; active participation has shrunk from 396 to 354 since 2022.

Plan summary
Net assets, end of year$10,373,351
Participants with balances311
Active participants354
Employer contributions$231,173
Employee contributions$1,174,288
Employer contribution per active participant$653
Average account balance$33,355
Benefits paid to participants$1,490,455
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4M · 311 accts · $231K emplr
2023$8.9M · 305 accts · $206K emplr
2022$7.0M · 324 accts · $180K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$58,959
Investment management$29,478
Total administrative$88,437
The Hctec Partners 401(k) match · 2024
Employer contribution per active participant$653
Median for plans this size$1,313
2024$653 per active participant
2023$508 per active participant
2022$453 per active participant

Hctec Partners'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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (participants)$29,478

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$88,437 · 0.92%
2023$71,194 · 0.89%
2022$69,986 · 0.94%
Same employer
Similar plansAdministrative & Support Services · Tennessee
Tbhc Delivers, LLC TN$15.3M · 0.57%
Mimeo, Inc. TN$14.7M · 0.68%
Invo Peo, Inc. TN$14.4M · 1.04%
Lumina Foods, LLC TN$13.2M · 0.61%
Frost-Arnett Company TN$9.1M · 0.51%
Sms Holdings Corp. TN$8.6M · 1.54%
United Tn Holdings, Inc. TN$8.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271702813 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.