Plan Ledger DOL Form 5500 · updated monthly

Healthcare Therapy Services, Inc.401(k)

HEALTHCARE THERAPY SERVICES, INC. SAVINGS PLAN · GREENWOOD, IN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Healthcare Therapy Services, Inc. reported $105,169 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $586 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 531st-largest of 1,562 plans among Indiana employers on file, and the 994th of 3,341 in other services. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 398 to 470 since 2022.

Plan summary
Net assets, end of year$21,718,940
Participants with balances383
Active participants470
Employer contributions$275,282
Employee contributions$930,574
Employer contribution per active participant$586
Average account balance$56,707
Benefits paid to participants$1,364,744
Plan auditUnmodified (clean) audit opinion
AuditorPILE CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 383 accts · $275K emplr
2023$19.3M · 397 accts · $275K emplr
2022$16.5M · 430 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,943
Investment management$41,226
Total administrative$105,169
The Healthcare Therapy Services, Inc. 401(k) match · 2024
Employer contribution per active participant$586
Median for plans this size$2,416
2024$586 per active participant
2023$728 per active participant
2022$651 per active participant

Healthcare Therapy Services, Inc.'s 2024 employer contribution ran below the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$63,943
BIECHELE ROYCE ADVISORS, INC. · Investment advisory (plan)$41,217

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$105,169 · 0.51%
2023$91,135 · 0.51%
2022$90,760 · 0.50%
Same employer
Similar plansOther Services · Indiana
Buchanan Group, Inc. IN$22.4M · 0.47%
Hoosier Motor Club IN$21.2M · 0.22%
World Gospel Mission IN$20.7M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351754098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.