Plan Ledger DOL Form 5500 · updated monthly

Henry Schein One, LLC401(k)

HENRY SCHEIN ONE 401(K) PLAN · AMERICAN FORK, UT · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Henry Schein One, LLC reported $177,765 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $2,332 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 0.07% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 98th-largest of 848 plans among Utah employers on file, and the 1,735th of 11,654 in professional & technical services. In 2024, employees put in $2.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$85,774,570
Participants with balances1,171
Active participants1,299
Employer contributions$3,029,294
Employee contributions$7,382,623
Employer contribution per active participant$2,332
Average account balance$73,249
Benefits paid to participants$9,373,021
Plan auditUnmodified (clean) audit opinion
AuditorLARSON & CO
Plan history3
Yearassets · accounts · employer contribution
2024$85.8M · 1,171 accts · $3.0M emplr
2023$72.9M · 1,187 accts · $2.7M emplr
2022$56.0M · 1,194 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$112,765
Investment management$65,000
Total administrative$177,765
The Henry Schein One, LLC 401(k) match · 2024
Employer contribution per active participant$2,332
Median for plans this size$3,635
2024$2,332 per active participant
2023$2,089 per active participant
2022$754 per active participant

Henry Schein One, LLC's 2024 employer contribution ran below the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$112,765
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$65,000

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$177,765 · 0.22%
2023$160,400 · 0.25%
2022$39,758 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Utah
Kirton McConkie UT$108.7M · 0.25%
Fabian van Cott UT$107.6M · 0.06%
Bamboo HR LLC UT$93.2M · 0.37%
Lucid Software Inc. UT$88.4M · 0.18%
Goengineer, Inc. UT$85.1M · 0.34%
Digicert Inc UT$85.0M · 0.23%
Workman Nydegger, P.C. UT$74.1M · 0.02%
Horrocks Engineers, Inc. UT$72.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823417064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.