Plan Ledger DOL Form 5500 · updated monthly

Healthcare Systems & Technologie401(k)

HEALTHCARE SYSTEMS & TECHNOLOGIES, LLC 401(K) PLAN & · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Healthcare Systems & Technologie reported $55,322 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,735 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 0.58% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 747th-largest of 1,496 plans among Tennessee employers on file, and 7,144th of 11,654 in professional & technical services. In 2024, employees put in $4.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,842,713
Participants with balances263
Active participants271
Employer contributions$470,137
Employee contributions$2,143,365
Employer contribution per active participant$1,735
Average account balance$48,832
Benefits paid to participants$857,720
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 263 accts · $470K emplr
2023$9.5M · 244 accts · $456K emplr
2022$6.8M · 212 accts · $402K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,079
Investment management$27,243
Total administrative$55,322
The Healthcare Systems & Technologie 401(k) match · 2024
Employer contribution per active participant$1,735
Median for plans this size$2,416
2024$1,735 per active participant
2023$1,688 per active participant
2022$1,612 per active participant

Healthcare Systems & Technologie's 2024 employer contribution ran below the $2,416 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$28,079
RAYMOND JAMES · Recordkeeping · Trustee$27,243

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, Raymond James
2023ADP, Raymond James

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

Administrative cost history3
2024$55,322 · 0.50%
2023$40,781 · 0.50%
2022$34,800 · 0.58%
Similar plansProfessional & Technical Services · Tennessee
Avertium, LLC TN$13.3M · 0.52%
Blankenship CPA Group, PLLC TN$13.0M · 0.48%
Lisega, Inc. TN$12.9M · 0.59%
Marion Environmental, Inc. TN$12.8M · 0.35%
The Buntin Group, Inc. TN$12.8M · 0.52%
Fisher & Arnold, Inc. TN$12.5M · 0.28%
Rodefer Moss & Co, PLLC TN$12.4M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830438913 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.