Plan Ledger DOL Form 5500 · updated monthly

HS1 Medical Management, Inc.401(k)

HS1 MEDICAL MANAGEMENT, INC. 401(K) PLAN · FORT LAUDERDALE, FL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

HS1 Medical Management, Inc. reported $10,654 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,763 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 0.43% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,062nd-largest of 3,644 plans among Florida employers on file, and the 5,266th of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 199 to 346 since 2022.

Plan summary
Net assets, end of year$21,645,326
Participants with balances424
Active participants346
Employer contributions$956,106
Employee contributions$1,829,193
Employer contribution per active participant$2,763
Average account balance$51,050
Benefits paid to participants$1,106,162
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$21.6M · 424 accts · $956K emplr
2023$10.6M · 245 accts · $574K emplr
2022$8.4M · $508K emplr
The HS1 Medical Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,763
Median for plans this size$2,416
2024$2,763 per active participant
2023$2,517 per active participant
2022$2,551 per active participant

HS1 Medical Management, 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 · 20245
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$9,347
NATIONAL PROFESSIONAL PLANNING GROU · Recordkeeping · Loan processing$8,853
NPPG PLAN PROFESSIONALS LLC · Investment advisory (plan)$33,018
MESIROW FINANCIAL, INC. · Investment advisory (plan)$3,724
NPPG INVESTMENT SERVICES LLC · Investment advisory (plan)$1,730

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

Recordkeeper by year2
2024NATIONAL PROFESSIONAL PLANNING GROU, Transamerica
2023NATIONAL PROFESSIONAL PLANNING GROU, Transamerica

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

Administrative cost history3
2024$10,654 · 0.07%
2023$12,436 · 0.13%
2022$36,409 · 0.43%
Same employer
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Teamviewer US, Inc. FL$21.9M · 0.68%
Naylor, L.L.C. FL$21.8M · 0.43%
Bbc International LLC FL$21.7M · 0.13%
Invisors, LLC FL$21.0M · 0.38%
Sign a Rama, Inc. FL$20.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650622851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.