Plan Ledger DOL Form 5500 · updated monthly

Healthtrackrx, LLC401(k)

HEALTHTRACKRX 401(K) RETIREMENT PLAN · DENTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Healthtrackrx, LLC reported $62,315 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,938 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 fell from 0.87% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,357th-largest of 5,688 plans among Texas employers on file, and the 4,349th of 11,911 in health care & social assistance. In 2024, employees put in $2.48 for every $1.00 the employer contributed; active participation has grown from 334 to 469 since 2022.

Plan summary
Net assets, end of year$15,725,259
Participants with balances546
Active participants469
Employer contributions$1,377,738
Employee contributions$3,410,936
Employer contribution per active participant$2,938
Average account balance$28,801
Benefits paid to participants$2,653,890
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 546 accts · $1.4M emplr
2023$9.9M · 446 accts · $1.2M emplr
2022$6.1M · 395 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,315
Total administrative$62,315
The Healthtrackrx, LLC 401(k) match · 2024
Employer contribution per active participant$2,938
Median for plans this size$2,416
2024$2,938 per active participant
2023$3,327 per active participant
2022$3,285 per active participant

Healthtrackrx, LLC's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,314
CREATIVE PLANNING, LLC · Investment advisory (participants)indirect comp

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$62,315 · 0.49%
2023$44,128 · 0.55%
2022$41,603 · 0.87%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Panhandle Eye Group, LLP TX$16.0M · 0.61%
Berkeley Eye Institute, PA TX$16.0M · 0.25%
San Antonio Food Bank TX$15.9M · 0.03%
Ideal People Services LLC TX$15.1M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474866213 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.