Plan Ledger DOL Form 5500 · updated monthly

Health Systems 2000 Inc.401(k)

HEALTH SYSTEMS 2000 RETIREMENT PLAN · LAKE CHARLES, LA · plan year 2022

Reported admin expense ratio · 2022
0.58%

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

Health Systems 2000 Inc. reported $3,059 in plan administrative expenses for 2022: 0.58% of average plan assets, below the peer median. Employer contributions averaged $990 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (855th of 884), and 11,284th of 11,911 in health care & social assistance. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$572,466
Participants with balances37
Active participants77
Employer contributions$76,195
Employee contributions$125,264
Employer contribution per active participant$990
Average account balance$15,472
Benefits paid to participants$28,556
Plan auditDisclaimer of opinion
AuditorSTEVEN M. DEROUEN & ASSOCIATES LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,059
Total administrative$3,059
The Health Systems 2000 Inc. 401(k) match · 2022
Employer contribution per active participant$990
Median for plans this size$331

Health Systems 2000 Inc.'s 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,059 · 0.58%
Similar plansHealth Care & Social Assistance · Louisiana
Woodlake Management, LLC LA$687K · 0.60%
Ready Responders, Inc. LA$332K · 2.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721407669 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.