Plan Ledger DOL Form 5500 · updated monthly

Health Leads, Inc.401(k)

HEALTH LEADS, INC. 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Health Leads, Inc. reported $5,521 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,350 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 0.01% to 0.07%. 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 Massachusetts (2,064th of 2,726), and 6,530th of 11,911 in health care & social assistance. In 2024, employees put in $2.56 for every $1.00 the employer contributed; active participation has shrunk from 51 to 40 since 2022.

Plan summary
Net assets, end of year$7,835,046
Participants with balances110
Active participants40
Employer contributions$214,000
Employee contributions$547,974
Employer contribution per active participant$5,350
Average account balance$71,228
Benefits paid to participants$925,427
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.8M · 110 accts · $214K emplr
2023$6.9M · 120 accts · $234K emplr
2022$5.5M · 114 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,521
Total administrative$5,521
The Health Leads, Inc. 401(k) match · 2024
Employer contribution per active participant$5,350
Median for plans this size$1,313
2024$5,350 per active participant
2023$4,097 per active participant
2022$3,962 per active participant

Health Leads, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,521

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$5,521 · 0.07%
2023$704 · 0.01%
2022$425 · 0.01%
Similar plansHealth Care & Social Assistance · Massachusetts
Oriol Holding Inc. MA$8.1M · 1.45%
L.P. College, Inc. MA$7.9M · 0.82%
Community Catalyst, Inc. MA$7.9M · 0.34%
Work, Inc. MA$7.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450484533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.