Plan Ledger DOL Form 5500 · updated monthly

Health Care Group Management, Inc.401(k)

OUTREACH HEALTH SERVICES 401(K) PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Health Care Group Management, Inc. reported $24,479 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.502%. 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 (4,084th of 5,688), and 7,961st of 11,911 in health care & social assistance. active participation has grown from 3,788 to 4,587 since 2022.

Plan summary
Net assets, end of year$4,913,854
Participants with balances403
Active participants4,587
Employer contributions$0
Employee contributions$324,229
Employer contribution per active participant$0
Average account balance$12,193
Benefits paid to participants$689,543
Plan auditUnmodified (clean) audit opinion
AuditorARMANINO,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 403 accts
2023$4.8M · 399 accts
2022$4.5M · 397 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,525
Investment management$11,954
Total administrative$24,479
The Health Care Group Management, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Health Care Group Management, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,525
LEGACY 401K PARTNERS LLC · Investment advisory (plan)$11,954

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$24,479 · 0.50%
2023$24,205 · 0.52%
2022$25,969 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · Texas
The Council on Recovery TX$5.0M · 0.49%
Rox Access Network TX$5.0M · 1.01%
Wheel Health Inc. TX$4.9M · 0.16%
C.C. Young Memorial Home TX$4.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752346957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.