Plan Ledger DOL Form 5500 · updated monthly

Healthcare Services Inc.401(k)

HEALTHCARE SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Healthcare Services Inc. reported $20,152 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,401 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 0.57% to 0.87%. 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 California (8,079th of 9,483), and 9,640th of 11,911 in health care & social assistance. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 210 to 140 since 2022.

Plan summary
Net assets, end of year$2,503,006
Participants with balances200
Active participants140
Employer contributions$336,161
Employee contributions$550,410
Employer contribution per active participant$2,401
Average account balance$12,515
Benefits paid to participants$825,417
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 200 accts · $336K emplr
2023$2.2M · 207 accts · $342K emplr
2022$1.3M · 103 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,825
Investment management$10,327
Total administrative$20,152
The Healthcare Services Inc. 401(k) match · 2024
Employer contribution per active participant$2,401
Median for plans this size$1,313
2024$2,401 per active participant
2023$1,746 per active participant
2022$875 per active participant

Healthcare Services Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$10,326
ADP, INC. · Loan processing · Recordkeeping$9,825
ADP BROKER-DEALER · Other 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$20,152 · 0.87%
2023$12,391 · 0.71%
2022$7,277 · 0.57%
Similar plansHealth Care & Social Assistance · California
Royal Ambulance CA$2.6M · 0.92%
Project Access, Inc. CA$2.5M · 1.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364272043 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.