Plan Ledger DOL Form 5500 · updated monthly

Health Prime International LLC401(k)

HPI 401(K) PLAN · OXON HILL, MD · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Health Prime International LLC reported $85,521 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $3,211 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 0.15% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 505th-largest of 1,671 plans among Maryland employers on file, and the 4,452nd of 11,654 in professional & technical services. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 65 to 255 since 2022.

Plan summary
Net assets, end of year$27,382,904
Participants with balances540
Active participants255
Employer contributions$818,763
Employee contributions$1,782,996
Employer contribution per active participant$3,211
Average account balance$50,709
Benefits paid to participants$3,865,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.4M · 540 accts · $819K emplr
2023$17.7M · 364 accts · $609K emplr
2022$15.7M · 111 accts · $225K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,521
Total administrative$85,521
The Health Prime International LLC 401(k) match · 2024
Employer contribution per active participant$3,211
Median for plans this size$2,416
2024$3,211 per active participant
2023$2,071 per active participant
2022$3,457 per active participant

Health Prime International LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$85,521 · 0.38%
2023$56,440 · 0.34%
2022$13,569 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Maryland
Spalding Consulting, Inc. MD$28.3M · 0.36%
Db Consulting Group, Inc. MD$28.2M · 0.07%
CRISIS24, Inc. MD$28.2M · 0.34%
Rodgers Consulting, Inc MD$27.6M · 0.26%
Rlj Lodging Trust, L.P. MD$27.2M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201435577 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.