Plan Ledger DOL Form 5500 · updated monthly

Healthcare Resource Group, Inc.ESOP

HEALTHCARE RESOURCE GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · SPOKANE VALLEY, WA · plan year 2023

Reported admin expense ratio · 2023
1.13%

Healthcare Resource Group, Inc. reported $140,545 in plan administrative expenses for 2023: 1.13% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.54% to 1.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Washington (869th of 1,714), and the 788th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$14,432,496
Participants with balances668
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$21,606
Benefits paid to participants$4,949
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$14.4M · 668 accts
2022$10.5M · 668 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$125,236
Investment management$15,309
Total administrative$140,545
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL FINANCIAL · Plan administrator$72,486
GREATBANC · Trustee$57,447
WIPFLI · Accounting / audit$30,250

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

Administrative cost history3
2024Not separately reported
2023$140,545 · 1.13%
2022$80,270 · 0.54%
Similar plansAdministrative & Support Services · Washington
Nuwest Group Holdings, LLC WA$25.1M · 0.44%
Basin Disposal WA$11.4M · 0.62%
Zipstorm, Inc. WA$10.8M · 0.11%
North Forty Group, LLC WA$10.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820474664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.