Plan Ledger DOL Form 5500 · updated monthly

Healthcare Employee Services, LLC / Physical Rehabilitation Network401(k)

PRNPT 401(K) PLAN · FRISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Healthcare Employee Services, LLC / Physical Rehabilitation Network reported $305,928 in plan administrative expenses for 2024: 0.71% of average plan assets, higher than ~90% 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 0.65% to 0.71%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,123rd-largest of 5,688 plans among Texas employers on file, and the 1,994th of 11,911 in health care & social assistance. active participation has grown from 1,912 to 2,418 since 2022.

Plan summary
Net assets, end of year$46,320,539
Participants with balances2,645
Active participants2,418
Employer contributions$0
Employee contributions$5,802,313
Employer contribution per active participant$0
Average account balance$17,512
Benefits paid to participants$5,345,477
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLENLLP(CLA)
Plan history3
Yearassets · accounts · employer contribution
2024$46.3M · 2,645 accts
2023$39.8M · 2,979 accts
2022$34.2M · 1,963 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,861
Investment management$2,900
Total administrative$305,928
The Healthcare Employee Services, LLC / Physical Rehabilitation Network 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Healthcare Employee Services, LLC / Physical Rehabilitation Network'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
MERCER (US) INC MERCER INVESTMENTS · Consulting · Insurance services$149,167
EMPOWER ADVISORY GROUP, LLC · Investment management$2,900

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$305,928 · 0.71%
2023$203,750 · 0.55%
2022$234,765 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Valor Healthcare, Inc. TX$45.5M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330783516 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.