Plan Ledger DOL Form 5500 · updated monthly

Healthier Choices Management C401(k)

HEALTHIER CHOICES MANAGEMENT C 401(K) PROFIT SHARING PLAN & TRUST · HOLLYWOOD, FL · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Healthier Choices Management C reported $11,872 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $486 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 rose from 0.32% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,701st of 3,644), and 3,800th of 4,246 in wholesale trade. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 218 to 316 since 2022.

Plan summary
Net assets, end of year$3,928,776
Participants with balances389
Active participants316
Employer contributions$153,425
Employee contributions$342,929
Employer contribution per active participant$486
Average account balance$10,100
Benefits paid to participants$77,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 389 accts · $153K emplr
2023$2.8M · 343 accts · $132K emplr
2022$1.6M · 282 accts · $77K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,012
Trustee / custodial$860
Total administrative$11,872
The Healthier Choices Management C 401(k) match · 2024
Employer contribution per active participant$486
Median for plans this size$1,313
2024$486 per active participant
2023$473 per active participant
2022$354 per active participant

Healthier Choices Management C'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.

Service providers · 20241
PAYCHEX, INC. · Recordkeeping$11,272

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

Recordkeeper by year2
2024Paychex
2023Paychex

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

Administrative cost history3
2024$11,872 · 0.35%
2023$8,608 · 0.39%
2022$5,608 · 0.32%
Similar plansWholesale Trade · Florida
Pure Source, LLC FL$4.2M · 0.96%
Foh, Inc. FL$3.9M · 0.51%
S.R. Perrott, Inc. FL$3.5M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841070932 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.