Plan Ledger DOL Form 5500 · updated monthly

Hma Group Holdings, LLC401(k)

HMA GROUP HOLDINGS, LLC 401(K) PLAN · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Hma Group Holdings, LLC reported $363,888 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $5,780 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 3 years on file its reported administrative ratio has held roughly steady near 0.160%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 43rd-largest of 878 plans among Iowa employers on file, and the 508th of 4,798 in finance & insurance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 1,022 to 1,261 since 2022.

Plan summary
Net assets, end of year$245,365,064
Participants with balances1,443
Active participants1,261
Employer contributions$7,289,131
Employee contributions$12,360,941
Employer contribution per active participant$5,780
Average account balance$170,038
Benefits paid to participants$18,034,645
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL VANDER LINDEN CPA, PLC
Plan history3
Yearassets · accounts · employer contribution
2024$245.4M · 1,443 accts · $7.3M emplr
2023$210.3M · 1,305 accts · $6.2M emplr
2022$176.0M · 1,194 accts · $5.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$363,888
Total administrative$363,888
The Hma Group Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$5,780
Median for plans this size$3,635
2024$5,780 per active participant
2023$5,502 per active participant
2022$5,404 per active participant

Hma Group Holdings, LLC's 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$363,887
CAPTRUST FINANCIAL GROUP · 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$363,888 · 0.16%
2023$321,095 · 0.17%
2022$305,690 · 0.16%
Same employer
Similar plansFinance & Insurance · Iowa
Wellmark, Inc. IA$467.9M · 0.05%
Veridian Credit Union IA$198.7M · 0.19%
Tmg Insurance Services, LLC IA$183.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420985055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.