Plan Ledger DOL Form 5500 · updated monthly

Healthcare Staffing & Consultants, LLC401(k)

HSC 401(K) PLAN · KEARNY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Healthcare Staffing & Consultants, LLC reported $38,507 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $173 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 0.42% to 0.47%. 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 New Jersey (1,635th of 2,419), and 6,308th of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,339,688
Participants with balances406
Active participants1,313
Employer contributions$227,133
Employee contributions$533,584
Employer contribution per active participant$173
Average account balance$20,541
Benefits paid to participants$1,087,106
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 406 accts · $227K emplr
2023$8.0M · 403 accts · $193K emplr
2022$7.3M · 410 accts · $109K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,507
Total administrative$38,507
The Healthcare Staffing & Consultants, LLC 401(k) match · 2024
Employer contribution per active participant$173
Median for plans this size$1,313
2024$173 per active participant
2023$162 per active participant
2022$89 per active participant

Healthcare Staffing & Consultants, LLC's 2024 employer contribution ran below the $1,313 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 · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$34,554
INTAC ACTUARIAL SERICES, INC. · Recordkeeping · Loan processing$3,966

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

Recordkeeper by year2
2024INTAC ACTUARIAL SERICES, INC., Transamerica
2023INTAC ACTUARIAL SERICES, INC., Transamerica

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

Administrative cost history3
2024$38,507 · 0.47%
2023$33,716 · 0.44%
2022$33,525 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Heath Village NJ$8.6M · 0.55%
The Arc/Mercer, Inc. NJ$8.4M · 0.30%
The Arc Gloucester, Inc. NJ$8.2M · 0.04%
Our House, Inc. NJ$8.2M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133972928 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.