Plan Ledger DOL Form 5500 · updated monthly

Health Plan Intermediaries Holdings LLC401(k)

BLUE LANTERN HEALTH, LLC 401(K) PLAN · TAMPA, FL · plan year 2023

Reported admin expense ratio · 2023
1.76%

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

Health Plan Intermediaries Holdings LLC reported $159,247 in plan administrative expenses for 2023: 1.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,336 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 1 year on file its reported administrative ratio rose from 1.76% to 2.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,792nd-largest of 3,644 plans among Florida employers on file, and 3,996th of 4,798 in finance & insurance. In 2023, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,895,872
Participants with balances796
Active participants590
Employer contributions$788,005
Employee contributions$2,559,888
Employer contribution per active participant$1,336
Average account balance$12,432
Benefits paid to participants$3,074,982
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.9M · 239 accts · $125K emplr
2023$9.9M · 796 accts · $788K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$141,415
Investment management$17,832
Total administrative$159,247
The Health Plan Intermediaries Holdings LLC 401(k) match · 2023
Employer contribution per active participant$1,336
Median for plans this size$1,308
2024$17,854 per active participant
2023$1,336 per active participant

Health Plan Intermediaries Holdings LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$141,415
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$17,572

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

Administrative cost history2
2024$194,540 · 2.47%
2023$159,247 · 1.76%
Same employer
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Intermex Wire Transfer, LLC FL$10.1M · 0.32%
Professional Bank FL$10.0M · 0.55%
Grove Bank & Trust FL$9.6M · 0.68%
Cabrillo Holdings, LLC FL$9.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 932503956 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.