Plan Ledger DOL Form 5500 · updated monthly

Healthplanone, LLC401(k)

HEALTH PLAN ONE, LLC 401(K) PLAN · TRUMBULL, CT · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Healthplanone, LLC reported $73,052 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $574 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 0.16% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 509th-largest of 1,106 plans among Connecticut employers on file, and 2,822nd of 4,798 in finance & insurance. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 1,418 to 2,071 since 2022.

Plan summary
Net assets, end of year$23,028,984
Participants with balances852
Active participants2,071
Employer contributions$1,187,963
Employee contributions$3,546,354
Employer contribution per active participant$574
Average account balance$27,029
Benefits paid to participants$3,027,001
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 852 accts · $1.2M emplr
2023$17.0M · 579 accts · $896K emplr
2022$12.8M · 472 accts · $769K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,077
Total administrative$73,052
The Healthplanone, LLC 401(k) match · 2024
Employer contribution per active participant$574
Median for plans this size$2,416
2024$574 per active participant
2023$460 per active participant
2022$543 per active participant

Healthplanone, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
MML INVESTORS SERVICES INCindirect comp
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp

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$73,052 · 0.36%
2023$22,475 · 0.15%
2022$20,393 · 0.16%
Same employer
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The Milford Bank CT$23.0M · 0.31%
The Guilford Savings Bank CT$23.0M · 0.04%
Jmg Insurance Corp. CT$22.2M · 0.04%
Xpt Partners LLC CT$21.0M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204098658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.