Plan Ledger DOL Form 5500 · updated monthly

Health Care Management Systems, Inc.401(k)

HEALTH CARE MANAGEMENT SYSTEMS, INC. 401(K) PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.95%

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

Health Care Management Systems, Inc. reported $25,848 in plan administrative expenses for 2024: 0.95% of average plan assets, higher than ~75% of peers. 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 2 years on file its reported administrative ratio fell from 1.25% to 0.95%. 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 Missouri (1,201st of 1,393), and 9,440th of 11,911 in health care & social assistance. In 2024, employees put in $3430.56 for every $1.00 the employer contributed; active participation has grown from 805 to 1,639 since 2022.

Plan summary
Net assets, end of year$2,756,935
Participants with balances157
Active participants1,639
Employer contributions$84
Employee contributions$288,167
Employer contribution per active participant$0
Average account balance$17,560
Benefits paid to participants$506,987
Plan auditUnmodified (clean) audit opinion
AuditorANDERS MINKLER HUBER & HELM
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 157 accts · $84 emplr
2023$2.7M · 171 accts
2022$2.5M · 169 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,100
Investment management$9,748
Total administrative$25,848
The Health Care Management Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Health Care Management Systems, 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$10,993
FORVIS LLP · Recordkeeping · Loan processing$2,835
BKD WEALTH ADVISORS, LLC - MO · Recordkeeping · Loan processing$2,275
UBS FINANCIAL SERVICES · Investment advisory (plan)$9,748

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

Recordkeeper by year2
2024BKD WEALTH ADVISORS, LLC - MO, FORVIS LLP, Transamerica
2023FORVIS WEALTH ADVISORS, Transamerica

This plan has changed recordkeepers within these filings. If you left Health Care Management Systems, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,848 · 0.95%
2023$20,569 · 0.79%
2022$38,051 · 1.25%
Similar plansHealth Care & Social Assistance · Missouri
Seniorage MO$2.9M · 1.45%
Easy Living Inc. MO$2.9M · 0.08%
Manor Grove MO$2.7M · 0.01%
Guadalupe Centers, Inc. MO$2.6M · 0.70%
Steadymd, Inc. MO$2.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431342874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.