Plan Ledger DOL Form 5500 · updated monthly

Hospital Housekeeping Systems, LLC401(k)

HOSPITAL HOUSEKEEPING SYSTEMS 401(K) BENEFIT PLAN · DRIPPING SPRINGS, TX · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Hospital Housekeeping Systems, LLC reported $128,100 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $91 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 fell from 0.96% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,359th-largest of 5,688 plans among Texas employers on file, and the 614th of 3,341 in other services. In 2024, employees put in $3.68 for every $1.00 the employer contributed; active participation has shrunk from 19,281 to 14,609 since 2022.

Plan summary
Net assets, end of year$35,506,278
Participants with balances1,762
Active participants14,609
Employer contributions$1,325,355
Employee contributions$4,878,278
Employer contribution per active participant$91
Average account balance$20,151
Benefits paid to participants$5,464,082
Plan auditUnmodified (clean) audit opinion
AuditorMAXWELL LOCKE & RITTER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$35.5M · 1,762 accts · $1.3M emplr
2023$29.2M · 1,413 accts · $1.0M emplr
2022$21.2M · 1,312 accts · $839K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,656
Investment management$38,444
Total administrative$128,100
The Hospital Housekeeping Systems, LLC 401(k) match · 2024
Employer contribution per active participant$91
Median for plans this size$2,416
2024$91 per active participant
2023$66 per active participant
2022$44 per active participant

Hospital Housekeeping Systems, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$89,656
NFP RETIREMENT INC · Investment advisory (plan)$35,585

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$128,100 · 0.40%
2023$308,914 · 1.23%
2022$207,617 · 0.96%
Same employer
Similar plansOther Services · Texas
Beyond Finance, LLC TX$39.7M · 0.60%
Concentric LLC TX$38.9M · 0.27%
Sms Infocomm Corporation TX$37.2M · 0.11%
Sun Coast Resources, Inc. TX$35.7M · 0.35%
Ypo, Inc. TX$32.0M · 0.17%
Saber Power Services, LLC TX$30.9M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742983259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.