Plan Ledger DOL Form 5500 · updated monthly

Heart of Texas Healthcare System403(b)

HEART OF TEXAS HEALTHCARE SYSTEM 403B PLAN · BRADY, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Heart of Texas Healthcare System reported $1,584 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,604 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 4 years on file its reported administrative ratio fell from 0.16% to 0.05%. 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 Texas (4,468th of 5,688), and 8,974th of 11,911 in health care & social assistance. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves; active participation has grown from 129 to 165 since 2020.

Plan summary
Net assets, end of year$3,394,283
Participants with balances137
Active participants165
Employer contributions$264,652
Employee contributions$163,393
Employer contribution per active participant$1,604
Average account balance$24,776
Benefits paid to participants$388,219
Plan auditUnmodified (clean) audit opinion
AuditorD & CO., LLP
Plan history4
Yearassets · accounts · employer contribution
2024$3.4M · 137 accts · $265K emplr
2023$3.0M · 135 accts · $100K emplr
2022$2.7M · 127 accts
2020$3.0M · 102 accts · $311K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,584
Total administrative$1,584
Employer contributions to the Heart of Texas Healthcare System plan · 2024
Employer contribution per active participant$1,604
Median for plans this size$1,313
2024$1,604 per active participant
2023$577 per active participant
2020$2,410 per active participant

Heart of Texas Healthcare System's 2024 employer contribution ran above 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
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,259
KESTRA INVESTMENT SERVICES · Consultingindirect 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
2024OneAmerica
2023OneAmerica

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

Administrative cost history4
2024$1,584 · 0.05%
2023$1,093 · 0.04%
2022$1,020 · 0.03%
2020$4,499 · 0.16%
Similar plansHealth Care & Social Assistance · Texas
Presbyterian Manor, Inc. TX$3.5M · 0.07%
Corrhealth LLC TX$3.5M · 1.56%
Restore Hyper Wellness TX$3.4M · 0.89%
Hendrick Health TX$3.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320326595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.