Plan Ledger DOL Form 5500 · updated monthly

Healthcorp, Inc401(k)

HEALTHCORP INC 401(K) PROFIT SHARING PLAN & TRUST · HORSHAM, PA · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Healthcorp, Inc reported $29,315 in plan administrative expenses for 2022: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,874 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,122nd of 3,651), and 7,452nd of 11,654 in professional & technical services. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,788,355
Participants with balances218
Active participants151
Employer contributions$735,916
Employee contributions$1,482,438
Employer contribution per active participant$4,874
Average account balance$54,075
Benefits paid to participants$1,232,401
Plan auditUnmodified (clean) audit opinion
AuditorBAUM SMITH CLEMENS
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$11.8M · 218 accts · $736K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,315
Total administrative$29,315
The Healthcorp, Inc 401(k) match · 2022
Employer contribution per active participant$4,874
Median for plans this size$2,266

Healthcorp, Inc's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$29,315 · 0.23%
Similar plansProfessional & Technical Services · Pennsylvania
Dra Americas, Inc. PA$12.2M · 0.34%
Gecko Robotics, Inc. PA$11.8M · 1.01%
Calcium USA, LLC PA$11.7M · 0.61%
Cornelis Networks PA$11.6M · 0.02%
Therapynotes, LLC PA$11.4M · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232753410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.