Plan Ledger DOL Form 5500 · updated monthly

Hosparus, Inc.401(k)

HOSPARUS INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Hosparus, Inc. reported $201,295 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,524 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 0.410%. 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 133rd-largest of 871 plans among Kentucky employers on file, and the 1,777th of 11,911 in health care & social assistance. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 571 to 639 since 2022.

Plan summary
Net assets, end of year$53,223,724
Participants with balances810
Active participants639
Employer contributions$2,251,717
Employee contributions$3,767,394
Employer contribution per active participant$3,524
Average account balance$65,708
Benefits paid to participants$3,981,045
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, GRIFFITH & MAYS
Plan history3
Yearassets · accounts · employer contribution
2024$53.2M · 810 accts · $2.3M emplr
2023$44.9M · 883 accts · $2.1M emplr
2022$36.6M · 745 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,382
Investment management$99,603
Total administrative$201,295
The Hosparus, Inc. 401(k) match · 2024
Employer contribution per active participant$3,524
Median for plans this size$2,416
2024$3,524 per active participant
2023$3,467 per active participant
2022$3,256 per active participant

Hosparus, Inc.'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 · 20244
CERITY PARTNERS RETIREMENT PLAN ADV · Investment advisory (plan)$88,745
EMPOWER ADVISORY GROUP, LLC · Investment management$10,858

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$201,295 · 0.41%
2023$164,581 · 0.40%
2022$161,339 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Hospice of the Bluegrass KY$67.9M · 0.05%
Seven Counties Services KY$50.5M · 0.30%
Springstone Health Opco LLC KY$47.0M · 0.28%
Associates in Dermatology KY$47.0M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 610921718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.