Plan Ledger DOL Form 5500 · updated monthly

Horizon Health Care, Inc.401(k)

HORIZON HEALTH CARE, INC. RETIREMENT AND INVESTMENT 401(K) PLAN · HOWARD, SD · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Horizon Health Care, Inc. reported $115,013 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,383 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 0.643%. 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 97th-largest of 233 plans among South Dakota employers on file, and the 3,817th of 11,911 in health care & social assistance. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,072,209
Participants with balances415
Active participants311
Employer contributions$741,171
Employee contributions$1,427,310
Employer contribution per active participant$2,383
Average account balance$45,957
Benefits paid to participants$2,029,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 415 accts · $741K emplr
2023$16.7M · 411 accts · $770K emplr
2022$13.7M · 390 accts · $764K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,844
Investment management$45,169
Total administrative$115,013
The Horizon Health Care, Inc. 401(k) match · 2024
Employer contribution per active participant$2,383
Median for plans this size$2,416
2024$2,383 per active participant
2023$2,617 per active participant
2022$2,488 per active participant

Horizon Health Care, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$5,170
STIFEL, NICOLAUS & CO, INC. · Investment advisory (participants)$45,169

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$115,013 · 0.64%
2023$104,517 · 0.69%
2022$93,012 · 0.64%
Same employer
Similar plansHealth Care & Social Assistance · South Dakota
Big Stone Therapies, Inc. SD$23.0M · 0.45%
Vision Care Associates LLP SD$21.5M · 0.24%
Brown Clinic P.L.L.P. SD$19.6M · 0.36%
Platte Health Center SD$14.0M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460341255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.