Plan Ledger DOL Form 5500 · updated monthly

Horizon Health and Wellness, Inc.401(k)

HORIZON HEALTH AND WELLNESS INC. 401(K) SAVINGS PLAN · APACHE JUNCTION, AZ · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Horizon Health and Wellness, Inc. reported $120,446 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,520 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 0.93% to 1.17%. 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 550th-largest of 1,285 plans among Arizona employers on file, and the 5,418th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has shrunk from 477 to 392 since 2022.

Plan summary
Net assets, end of year$11,036,111
Participants with balances551
Active participants392
Employer contributions$595,887
Employee contributions$1,300,185
Employer contribution per active participant$1,520
Average account balance$20,029
Benefits paid to participants$1,614,771
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 551 accts · $596K emplr
2023$9.6M · 602 accts · $646K emplr
2022$7.4M · 692 accts · $575K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$115,546
Investment management$1,700
Total administrative$120,446
The Horizon Health and Wellness, Inc. 401(k) match · 2024
Employer contribution per active participant$1,520
Median for plans this size$2,416
2024$1,520 per active participant
2023$1,432 per active participant
2022$1,206 per active participant

Horizon Health and Wellness, Inc.'s 2024 employer contribution ran below 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 · 20243
CBIZ INVESTMENT ADVISORY SERVICES, · Investment advisory (participants)$318
CBIZ BENEFITS AND INSURANCE SERVICE · Other servicesindirect comp
VOYA RETIREMENT INS AND ANNUITY CO · Investment advisory (participants)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$120,446 · 1.17%
2023$103,427 · 1.22%
2022$66,383 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Recovery Innovations, Inc. AZ$11.8M · 0.56%
Child Crisis Arizona AZ$10.9M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860554593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.