Plan Ledger DOL Form 5500 · updated monthly

Health Services, LLC401(k)

HEALTH SERVICES, LLC 401(K) PLAN · GARDEN CITY, ID · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Health Services, LLC reported $31,008 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $1,973 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 fell from 0.57% to 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Idaho (205th of 349), and 6,802nd of 11,911 in health care & social assistance. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 181 to 217 since 2022.

Plan summary
Net assets, end of year$7,132,309
Participants with balances201
Active participants217
Employer contributions$428,158
Employee contributions$1,027,788
Employer contribution per active participant$1,973
Average account balance$35,484
Benefits paid to participants$401,714
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 201 accts · $428K emplr
2023$5.3M · 114 accts · $344K emplr
2022$4.0M · 99 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,008
Total administrative$31,008
The Health Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,973
Median for plans this size$1,313
2024$1,973 per active participant
2023$3,474 per active participant
2022$1,835 per active participant

Health Services, LLC's 2024 employer contribution ran above the $1,313 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.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$31,008
SECURITIES AMERICA, INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$31,008 · 0.50%
2023$28,006 · 0.60%
2022$22,244 · 0.57%
Similar plansHealth Care & Social Assistance · Idaho
Health West, Inc. ID$11.4M · 0.85%
Ume Dental Growth, LLC ID$6.3M · 0.33%
Idaho Youth Ranch, Inc. ID$5.4M · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273002596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.