Plan Ledger DOL Form 5500 · updated monthly

Healing Hands Ministries, Inc.403(b)

HHM 403(B) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
1.91%

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

Healing Hands Ministries, Inc. reported $16,708 in plan administrative expenses for 2022: 1.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,237 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (5,286th of 5,688), and 10,918th of 11,911 in health care & social assistance. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$989,443
Participants with balances65
Active participants130
Employer contributions$160,799
Employee contributions$310,400
Employer contribution per active participant$1,237
Average account balance$15,222
Benefits paid to participants$81,465
Plan auditUnmodified (clean) audit opinion
AuditorDURBIN AND COMPANY, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,708
Total administrative$16,708
Employer contributions to the Healing Hands Ministries, Inc. plan · 2022
Employer contribution per active participant$1,237
Median for plans this size$331

Healing Hands Ministries, Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,708 · 1.91%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Northstar Anesthesia, PA TX$1.0M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651259379 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.