Plan Ledger DOL Form 5500 · updated monthly

Henderson Behavioral Health IncProfit-sharing plan

HENDERSON BEHAVIORAL HEALTH INC REVENUE SHARING PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Henderson Behavioral Health Inc reported $71,130 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,056 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 0.53% to 0.50%. 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 1,381st-largest of 3,644 plans among Florida employers on file, and the 4,544th of 11,911 in health care & social assistance. active participation has grown from 423 to 469 since 2022.

Plan summary
Net assets, end of year$14,756,704
Participants with balances829
Active participants469
Employer contributions$964,380
Employee contributions—
Employer contribution per active participant$2,056
Average account balance$17,801
Benefits paid to participants$1,178,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 829 accts · $964K emplr
2023$13.5M · 825 accts · $944K emplr
2022$11.8M · 773 accts · $951K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$71,130
Total administrative$71,130
Employer contributions to the Henderson Behavioral Health Inc plan · 2024
Employer contribution per active participant$2,056
Median for plans this size$2,416
2024$2,056 per active participant
2023$2,000 per active participant
2022$2,249 per active participant

Henderson Behavioral Health Inc's 2024 employer contribution ran below 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 · 20241
NORTHERN TRUST COMPANY · Custodial · Investment advisory (plan)$71,130

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$71,130 · 0.50%
2023$66,009 · 0.52%
2022$61,910 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Vaxcare Corporation FL$14.7M · 0.27%
Avow Hospice Inc. FL$14.1M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 590711167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.