Plan Ledger DOL Form 5500 · updated monthly

Healthmark Medical Group, LLC dba Healthmark Group, LLC401(k)

HEALTHMARK MEDICAL GROUP, LLC DBA HEALTHMARK GROUP, LLC 401(K) P/S PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Healthmark Medical Group, LLC dba Healthmark Group, LLC reported $39,045 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $743 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 0.63% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (3,791st of 5,688), and 1,321st of 2,534 in administrative & support services. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 446 to 633 since 2022.

Plan summary
Net assets, end of year$6,117,392
Participants with balances276
Active participants633
Employer contributions$470,364
Employee contributions$837,705
Employer contribution per active participant$743
Average account balance$22,164
Benefits paid to participants$1,000,026
Plan auditUnmodified (clean) audit opinion
AuditorSAVILLE CPAS & ADVISORS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 276 accts · $470K emplr
2023$5.0M · 225 accts · $362K emplr
2022$2.7M · 157 accts · $256K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,906
Investment management$1,139
Total administrative$39,045
The Healthmark Medical Group, LLC dba Healthmark Group, LLC 401(k) match · 2024
Employer contribution per active participant$743
Median for plans this size$1,313
2024$743 per active participant
2023$701 per active participant
2022$575 per active participant

Healthmark Medical Group, LLC dba Healthmark Group, LLC's 2024 employer contribution ran below the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$37,906
USI SECURITIES, INC. · Insurance broker · Insurance servicesindirect comp

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

Recordkeeper by year2
2024Transamerica
2023PAI, Transamerica

This plan has changed recordkeepers within these filings. If you left Healthmark Medical Group, LLC dba Healthmark Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,045 · 0.70%
2023$25,531 · 0.66%
2022$14,974 · 0.63%
Same employer
Similar plansAdministrative & Support Services · Texas
Horn Solutions, Inc. TX$6.4M · 0.71%
Trilogy Medwaste, Inc TX$6.3M · 0.85%
Southern Botanical, Inc. TX$5.8M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364581087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.