Plan Ledger DOL Form 5500 · updated monthly

Heath Consultants Incorporated401(k)

HEATH CONSULTANTS INCORPORATED PROFIT SHARING & RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Heath Consultants Incorporated reported $79,453 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $245 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 0.29% to 0.32%. 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 1,718th-largest of 5,688 plans among Texas employers on file, and the 4,687th of 11,654 in professional & technical services. In 2024, employees put in $4.44 for every $1.00 the employer contributed; active participation has grown from 1,219 to 1,658 since 2022.

Plan summary
Net assets, end of year$25,507,021
Participants with balances602
Active participants1,658
Employer contributions$405,907
Employee contributions$1,802,330
Employer contribution per active participant$245
Average account balance$42,370
Benefits paid to participants$3,497,500
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$25.5M · 602 accts · $406K emplr
2023$23.4M · 636 accts · $393K emplr
2022$20.7M · 684 accts · $478K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,741
Total administrative$79,453
The Heath Consultants Incorporated 401(k) match · 2024
Employer contribution per active participant$245
Median for plans this size$2,416
2024$245 per active participant
2023$339 per active participant
2022$392 per active participant

Heath Consultants Incorporated'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
CALDERWOOD FINANCIAL STRATEGIES · Consulting · Investment advisory (plan)$48,712
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,741

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$79,453 · 0.32%
2023$75,136 · 0.34%
2022$70,350 · 0.29%
Similar plansProfessional & Technical Services · Texas
Ksa Engineers, Inc. TX$25.9M · 0.37%
Opportune LLP TX$25.7M · 0.25%
Ndt Global, LLC TX$25.7M · 0.41%
Intuitive Machines, LLC TX$25.1M · 0.13%
Ghg Corporation TX$25.1M · 0.03%
Mre Consulting, LTD. TX$25.0M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042144731 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.