Plan Ledger DOL Form 5500 · updated monthly

Healing Hands Healthcare401(k)

HEALING HANDS HEALTHCARE 401(K) PLAN · WICHITA FALLS, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

Healing Hands Healthcare reported $4,574 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. 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 0.52% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,736th of 5,688), and 9,626th of 11,911 in health care & social assistance. active participation has grown from 248 to 297 since 2022.

Plan summary
Net assets, end of year$2,520,917
Participants with balances275
Active participants297
Employer contributions—
Employee contributions$766,339
Employer contribution per active participant—
Average account balance$9,167
Benefits paid to participants$225,806
Plan auditUnmodified (clean) audit opinion
AuditorSUTTON FROST CARY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 275 accts
2023$1.7M · 252 accts
2022$843K · 220 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,574
Total administrative$4,574
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
ADP, INC. · Loan processing · Recordkeeping$4,574

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,574 · 0.22%
2023$3,642 · 0.29%
2022$3,162 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Three Oaks Hospice, Inc. TX$2.6M · 0.21%
Teach Me Personnel, LLC TX$2.6M · 0.59%
Houston Hospice TX$2.5M · 0.36%
Urgent Care for Kids, LLC TX$2.5M · 1.48%
Proscribe, LLC TX$2.5M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475046034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.