Plan Ledger DOL Form 5500 · updated monthly

Hias, Inc.401(k)

HIAS, INC. 401(K) PLAN · SILVER SPRING, MD · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Hias, Inc. reported $28,829 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,941 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 0.03% to 0.22%. 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 785th-largest of 1,671 plans among Maryland employers on file, and the 4,408th of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 216 to 243 since 2022.

Plan summary
Net assets, end of year$15,370,578
Participants with balances362
Active participants243
Employer contributions$1,200,620
Employee contributions$1,753,279
Employer contribution per active participant$4,941
Average account balance$42,460
Benefits paid to participants$1,023,982
Plan auditUnmodified (clean) audit opinion
AuditorGRF CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 362 accts · $1.2M emplr
2023$11.4M · 360 accts · $1.1M emplr
2022$7.3M · 345 accts · $900K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,084
Investment management$13,745
Total administrative$28,829
The Hias, Inc. 401(k) match · 2024
Employer contribution per active participant$4,941
Median for plans this size$2,416
2024$4,941 per active participant
2023$4,104 per active participant
2022$4,167 per active participant

Hias, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ALLIANCE BERNSTEIN LP · Investment advisory (plan)$13,745
THE BENEFIT PRACTICE · Contract administrator$10,241

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$28,829 · 0.22%
2023$7,289 · 0.08%
2022$2,219 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Vesta Inc MD$16.4M · 0.03%
Community Clinic, Inc. MD$16.1M · 0.04%
Family & Nursing Care, Inc. MD$13.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135633307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.