Plan Ledger DOL Form 5500 · updated monthly

Healix Infusion Therapy, LLC.401(k)

HEALIX SAVINGS PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Healix Infusion Therapy, LLC. reported $100,383 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $674 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 2 years on file its reported administrative ratio rose from 0.31% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,816th-largest of 5,688 plans among Texas employers on file, and the 922nd of 3,341 in other services. In 2024, employees put in $6.25 for every $1.00 the employer contributed; active participation has grown from 417 to 465 since 2022.

Plan summary
Net assets, end of year$23,467,634
Participants with balances552
Active participants465
Employer contributions$313,317
Employee contributions$1,957,187
Employer contribution per active participant$674
Average account balance$42,514
Benefits paid to participants$3,810,789
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.5M · 552 accts · $313K emplr
2023$21.8M · 503 accts · $68K emplr
2022$21.8M · 527 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,041
Investment management$17,792
Total administrative$100,383
The Healix Infusion Therapy, LLC. 401(k) match · 2024
Employer contribution per active participant$674
Median for plans this size$2,416
2024$674 per active participant
2023$173 per active participant
2022$752 per active participant

Healix Infusion Therapy, LLC.'s 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,041
RSM US LLP · Accounting / audit$32,550
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$15,000

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$100,383 · 0.44%
2023$64,260 · 0.29%
2022$74,515 · 0.31%
Same employer
Similar plansOther Services · Texas
Dyopath LLC TX$24.6M · 0.22%
Arnold Ventures LLC TX$24.4M · 0.02%
Kibo Software, Inc. TX$23.1M · 0.24%
Liberty Lift Solutions LLC TX$22.7M · 0.26%
Sport Clips, Inc. TX$21.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760291601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.