Plan Ledger DOL Form 5500 · updated monthly

Health Management Services, LLC401(k)

HEALTH MANAGEMENT SERVICES, LLC 401(K) PLAN · BILLINGS, MT · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Health Management Services, LLC reported $1,440 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,545 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Montana (214th of 229), and 11,044th of 11,654 in professional & technical services. In 2022, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,521,916
Participants with balances83
Active participants83
Employer contributions$128,221
Employee contributions$172,758
Employer contribution per active participant$1,545
Average account balance$18,336
Benefits paid to participants$350,793
Plan auditDisclaimer of opinion
AuditorCARVER FLOREK & JAMES, CPA'S
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,440
Total administrative$1,440
The Health Management Services, LLC 401(k) match · 2022
Employer contribution per active participant$1,545
Median for plans this size$1,114

Health Management Services, LLC's 2022 employer contribution ran above the $1,114 median for plans its size. 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$1,440 · 0.09%
Similar plansProfessional & Technical Services · Montana
Energy Laboratories, Inc. MT$8.6M · 0.51%
Wildfire Defense Systems MT$6.3M · 0.57%
Alternatives, Inc. MT$5.3M · 0.41%
Menufy.com, LLC. KS$1.5M · 0.18%
Sd Solutions LLC VA$1.5M · 1.51%
Cigniti, Inc. TX$1.5M · 1.02%
Globalmedia Group LLC AZ$1.5M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900004283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.