Plan Ledger DOL Form 5500 · updated monthly

Hearing Lab Technology, LLC401(k)

HLT 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Hearing Lab Technology, LLC reported $76,708 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $267 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 0.54% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,945th-largest of 5,688 plans among Texas employers on file, and the 5,336th of 11,654 in professional & technical services. In 2024, employees put in $11.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,190,986
Participants with balances462
Active participants699
Employer contributions$186,510
Employee contributions$2,165,100
Employer contribution per active participant$267
Average account balance$45,868
Benefits paid to participants$2,084,757
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 462 accts · $187K emplr
2023$18.0M · 468 accts · $346K emplr
2022$13.9M · 463 accts · $355K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,901
Investment management$21,807
Total administrative$76,708
The Hearing Lab Technology, LLC 401(k) match · 2024
Employer contribution per active participant$267
Median for plans this size$2,416
2024$267 per active participant
2023$507 per active participant
2022$490 per active participant

Hearing Lab Technology, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$54,901
FOCUS 401(K) GROUP LLC · Investment advisory (plan)$20,000

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$76,708 · 0.39%
2023$75,893 · 0.48%
2022$80,001 · 0.54%
Same employer
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Certain Affinity, Inc. TX$21.2M · 0.28%
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Source: U.S. Department of Labor, Form 5500 series, EIN 260492223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.