Plan Ledger DOL Form 5500 · updated monthly

Hill Group Health Care Management Inc401(k)

HILL GROUP HEALTHCARE MANAGEMENT, INC. 401(K) RETIREMENT PLAN · HUNTSBURG, OH · plan year 2024

Reported admin expense ratio · 2024
1.33%

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

Hill Group Health Care Management Inc reported $78,585 in plan administrative expenses for 2024: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $282 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 1.24% to 1.33%. 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 Ohio (2,415th of 3,295), and 7,323rd of 11,911 in health care & social assistance. In 2024, employees put in $6.32 for every $1.00 the employer contributed; active participation has grown from 183 to 333 since 2022.

Plan summary
Net assets, end of year$6,037,427
Participants with balances281
Active participants333
Employer contributions$93,831
Employee contributions$593,071
Employer contribution per active participant$282
Average account balance$21,486
Benefits paid to participants$910,238
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 281 accts · $94K emplr
2023$5.7M · 220 accts · $75K emplr
2022$5.0M · 224 accts · $71K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,585
Total administrative$78,585
The Hill Group Health Care Management Inc 401(k) match · 2024
Employer contribution per active participant$282
Median for plans this size$1,313
2024$282 per active participant
2023$298 per active participant
2022$386 per active participant

Hill Group Health Care Management Inc's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$78,585
RAYMOND JAMES & ASSOCIATES · Investment advisory (plan)indirect comp

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$78,585 · 1.33%
2023$69,339 · 1.29%
2022$68,294 · 1.24%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Gentlebrook OH$6.2M · 0.06%
Alvis, Inc. OH$6.2M · 1.27%
Beech Acres OH$5.9M · 1.01%
Meridian Healthcare OH$5.9M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452687375 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.