Plan Ledger DOL Form 5500 · updated monthly

Healthcare Service Corporation401(k)

THE 401K PLAN · RICHARDSON, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Healthcare Service Corporation reported $394,380 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,293 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 0.02% to 0.01%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 35th-largest of 5,688 plans among Texas employers on file, and the 52nd of 4,798 in finance & insurance. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 26,627 to 36,460 since 2022.

Plan summary
Net assets, end of year$3,916,211,625
Participants with balances39,196
Active participants36,460
Employer contributions$83,598,191
Employee contributions$210,135,783
Employer contribution per active participant$2,293
Average account balance$99,914
Benefits paid to participants$267,136,042
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9B · 39,196 accts · $83.6M emplr
2023$3.4B · 40,008 accts · $74.9M emplr
2022$2.8B · 36,931 accts · $66.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$174,179
Investment management$155,483
Audit (IQPA)$57,543
Total administrative$394,380
The Healthcare Service Corporation 401(k) match · 2024
Employer contribution per active participant$2,293
Median for plans this size$5,259
2024$2,293 per active participant
2023$2,576 per active participant
2022$2,489 per active participant

Healthcare Service Corporation's 2024 employer contribution ran below the $5,259 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$128,067
TOWERS WATSON INVESTMENT SERVICES I · Investment advisory (plan)$147,442
ERNST & YOUNG LLP · Accounting / audit$49,543
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Loan processing$46,112
PLANTE MORAN PLLC · Accounting / audit$8,000
WILLIS TOWERS WATSON US LLC$7,815

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Healthcare Service Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$394,380 · 0.01%
2023$503,052 · 0.02%
2022$479,283 · 0.02%
Same employer
Similar plansFinance & Insurance · Texas
Comerica Incorporated TX$2.0B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361236610 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.