Plan Ledger DOL Form 5500 · updated monthly

Healthcare Support Staffing, Inc.401(k)

HEALTHCARE SUPPORT STAFFING, INC. 401(K) PROFIT SHARING PLAN AND TRUST · MAITLAND, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Healthcare Support Staffing, Inc. reported $16,739 in plan administrative expenses for 2024: 0.21% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,811 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 0.90% to 0.21%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,725th-largest of 3,644 plans among Florida employers on file, and 7,816th of 11,654 in professional & technical services. In 2024, the employer put in $8.77 for every $1.00 employees contributed themselves; active participation has grown from 261 to 1,772 since 2022.

Plan summary
Net assets, end of year$10,590,850
Participants with balances1,711
Active participants1,772
Employer contributions$4,981,429
Employee contributions$568,295
Employer contribution per active participant$2,811
Average account balance$6,190
Benefits paid to participants$1,554,872
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 1,711 accts · $5.0M emplr
2023$5.5M · 179 accts · $355K emplr
2022$5.2M · 60 accts · $282K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,156
Audit (IQPA)$8,250
Trustee / custodial$2,225
Total administrative$16,739
The Healthcare Support Staffing, Inc. 401(k) match · 2024
Employer contribution per active participant$2,811
Median for plans this size$1,313
2024$2,811 per active participant
2023$176 per active participant
2022$1,079 per active participant

Healthcare Support Staffing, 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 · 20242
BOKF, NA · Trustee · Trustee (directed)$8,488
HAYNIE & COMPANY · Accounting / audit$8,250

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

Administrative cost history3
2024$16,739 · 0.21%
2023$3,118 · 0.06%
2022$46,585 · 0.90%
Similar plansProfessional & Technical Services · Florida
Interplan LLC FL$10.5M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020655597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.