Plan Ledger DOL Form 5500 · updated monthly

Healthgram, Inc.401(k)

HEALTHGRAM, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Healthgram, Inc. reported $62,162 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $499 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 0.80%. 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 North Carolina (1,213th of 2,005), and 6,286th of 11,911 in health care & social assistance. In 2024, employees put in $9.15 for every $1.00 the employer contributed; active participation has grown from 106 to 123 since 2022.

Plan summary
Net assets, end of year$8,407,205
Participants with balances117
Active participants123
Employer contributions$61,324
Employee contributions$561,152
Employer contribution per active participant$499
Average account balance$71,856
Benefits paid to participants$290,867
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 117 accts · $61K emplr
2023$7.1M · 111 accts · $52K emplr
2022$5.9M · 104 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,287
Total administrative$62,162
The Healthgram, Inc. 401(k) match · 2024
Employer contribution per active participant$499
Median for plans this size$1,313
2024$499 per active participant
2023$464 per active participant
2022$454 per active participant

Healthgram, Inc.'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.

Administrative cost history3
2024$62,162 · 0.80%
2023$51,856 · 0.79%
2022$51,518 · 0.81%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Ridge Care NC$8.9M · 0.38%
Trinity Rehab, LLC NC$8.7M · 0.64%
Life, Inc. NC$8.3M · 0.52%
Mako Medical Laboratories NC$8.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561449504 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.