Plan Ledger DOL Form 5500 · updated monthly

Hillcroft Medical Clinic Association401(k)

HILLCROFT MEDICAL CLINIC ASSOCIATION 401(K) PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Hillcroft Medical Clinic Association reported $5,159 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,783 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 0.01% to 0.03%. 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 1,921st-largest of 5,688 plans among Texas employers on file, and the 3,476th of 11,911 in health care & social assistance. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,687,527
Participants with balances413
Active participants141
Employer contributions$392,440
Employee contributions$671,991
Employer contribution per active participant$2,783
Average account balance$52,512
Benefits paid to participants$786,740
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON
Plan history3
Yearassets · accounts · employer contribution
2024$21.7M · 413 accts · $392K emplr
2023$18.4M · 380 accts · $401K emplr
2022$15.0M · 357 accts · $385K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,812
Total administrative$5,159
The Hillcroft Medical Clinic Association 401(k) match · 2024
Employer contribution per active participant$2,783
Median for plans this size$2,416
2024$2,783 per active participant
2023$2,693 per active participant
2022$2,620 per active participant

Hillcroft Medical Clinic Association's 2024 employer contribution ran above 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 · 20242
LOREN D. STARK COMPANY, INC. · Contract administrator$3,300
CAPITAL GROUP RETIREMENT PLAN SERVI$1,512

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$5,159 · 0.03%
2023$4,779 · 0.03%
2022$987 · 0.01%
Similar plansHealth Care & Social Assistance · Texas
Lubbock Heart Hospital, LP TX$21.9M · 0.64%
Dallas Renal Group PA TX$21.6M · 0.14%
Disability Rights Texas TX$21.4M · 0.44%
Southern Innovations, LLC TX$21.1M · 0.26%
Stonegate Senior Living, LP TX$20.9M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741700061 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.