Plan Ledger DOL Form 5500 · updated monthly

Hospital Service Associates, Inc.401(k)

APS MEDICAL BILLING SAVINGS PLAN · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Hospital Service Associates, Inc. reported $96,730 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $348 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 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,587th-largest of 3,295 plans among Ohio employers on file, and the 756th of 2,534 in administrative & support services. In 2024, employees put in $9.11 for every $1.00 the employer contributed; active participation has grown from 332 to 385 since 2022.

Plan summary
Net assets, end of year$15,181,794
Participants with balances425
Active participants385
Employer contributions$134,116
Employee contributions$1,221,427
Employer contribution per active participant$348
Average account balance$35,722
Benefits paid to participants$364,080
Plan auditDisclaimer of opinion
AuditorMOSLEY, GLICK & O'BRIEN, INC
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 425 accts · $134K emplr
2023$12.3M · 415 accts · $125K emplr
2022$9.6M · 377 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,055
Investment management$58,675
Total administrative$96,730
The Hospital Service Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$348
Median for plans this size$2,416
2024$348 per active participant
2023$356 per active participant
2022$319 per active participant

Hospital Service Associates, Inc.'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 · 20244
ASCENSUS LLC · Recordkeeping · Loan processing$38,055
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$225
VENTURE VISIONARY PARTNERS · Investment advisory (plan)$58,675
EDWARD D JONES AND CO · Consultingindirect comp

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

Recordkeeper by year2
2024Ascensus, OneAmerica
2023Ascensus

This plan has changed recordkeepers within these filings. If you left Hospital Service Associates, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,730 · 0.70%
2023$84,074 · 0.77%
2022$78,213 · 0.72%
Same employer
Similar plansAdministrative & Support Services · Ohio
Oriana House, Inc. OH$24.5M · 0.47%
Unifund Ccr, LLC OH$14.8M · 0.40%
The Reserves Network, Inc. OH$13.6M · 0.32%
Innosource, Inc. OH$13.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340968235 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.