Plan Ledger DOL Form 5500 · updated monthly

Health Partners Plans, Inc.401(k)

HEALTH PARTNERS PLAN, INC. RETIREMENT PLAN 401(K) PLAN 401(K) · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Health Partners Plans, Inc. reported $33,308 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,783 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 0.018% to 0.024%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 366th-largest of 3,651 plans among Pennsylvania employers on file, and the 806th of 11,911 in health care & social assistance. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$145,884,334
Participants with balances1,187
Active participants751
Employer contributions$5,094,320
Employee contributions$4,583,888
Employer contribution per active participant$6,783
Average account balance$122,902
Benefits paid to participants$11,883,827
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$145.9M · 1,187 accts · $5.1M emplr
2023$127.4M · 1,212 accts · $5.2M emplr
2022$108.2M · 1,145 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Investment management$33,308
Total administrative$33,308
The Health Partners Plans, Inc. 401(k) match · 2024
Employer contribution per active participant$6,783
Median for plans this size$3,635
2024$6,783 per active participant
2023$6,283 per active participant
2022$6,254 per active participant

Health Partners Plans, Inc.'s 2024 employer contribution ran above the $3,635 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
T. ROWE PRICE RPS, INC. · Loan processing · Participant communication$32,429

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$33,308 · 0.02%
2023$28,039 · 0.02%
2022$21,926 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Mount Nittany Medical Center PA$165.8M · 0.20%
Spark Therapeutics, Inc. PA$164.7M · 0.06%
Merakey USA PA$155.3M · 0.40%
The Washington Hospital PA$146.0M · 0.16%
Grand View Health PA$134.4M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232379751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.