Plan Ledger DOL Form 5500 · updated monthly

Health Pro Management Services, LLC401(k)

HEALTHPRO-HERITAGE 401(K) PLAN · HUNT VALLEY, MD · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Health Pro Management Services, LLC reported $49,741 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.00% to 0.03%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 109th-largest of 1,671 plans among Maryland employers on file, and the 969th of 11,654 in professional & technical services. In 2024, employees put in $8821.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$161,896,036
Participants with balances7,018
Active participants6,109
Employer contributions$2,020
Employee contributions$17,819,785
Employer contribution per active participant$0
Average account balance$23,069
Benefits paid to participants$24,265,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$161.9M · 7,018 accts · $2K emplr
2023$144.7M · 7,214 accts · $665 emplr
2022$122.3M · 6,476 accts · $635 emplr
Administrative expenses, itemized · 2024
Investment management$50,000
Audit (IQPA)$71,215
Total administrative$49,741
The Health Pro Management Services, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2024$0 per active participant
2023$0 per active participant
2022$0 per active participant

Health Pro Management Services, LLC's 2024 employer contribution ran below the $3,635 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
FORVIS · Accounting / audit$71,215
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$49,741 · 0.03%
2023Not separately reported
2022$5,239 · 0.00%
Similar plansProfessional & Technical Services · Maryland
Smartronix, LLC MD$169.8M · 0.26%
J.F. Taylor, Inc. MD$169.3M · 0.10%
Client Network Services, LLC MD$164.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261167226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.