Plan Ledger DOL Form 5500 · updated monthly

Hueman People Solutions, LLC401(k)

HUEMAN PEOPLE SOLUTIONS, LLC 401(K) PLAN · JACKSONVILLE BEACH, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Hueman People Solutions, LLC reported $7,658 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,297 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 rose from 0.05% to 0.08%. 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 1,622nd-largest of 3,644 plans among Florida employers on file, and the 5,250th of 11,911 in health care & social assistance. In 2024, employees put in $2.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,635,034
Participants with balances334
Active participants377
Employer contributions$488,943
Employee contributions$1,391,530
Employer contribution per active participant$1,297
Average account balance$34,835
Benefits paid to participants$857,385
Plan auditUnmodified (clean) audit opinion
AuditorENNIS PELLUM & ASSOCIATES, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 334 accts · $489K emplr
2023$8.6M · 309 accts · $446K emplr
2022$6.3M · 346 accts · $406K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,658
Total administrative$7,658
The Hueman People Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$1,297
Median for plans this size$2,416
2024$1,297 per active participant
2023$1,229 per active participant
2022$991 per active participant

Hueman People Solutions, 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$3,028

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$7,658 · 0.08%
2023$10,161 · 0.14%
2022$3,001 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Inhealth MD Alliance, LLC FL$11.9M · 0.62%
Sbk Capital, LLC FL$11.8M · 0.25%
Avante Group, Inc. FL$11.6M · 0.49%
Big Bend Hospice, Inc. FL$11.6M · 0.52%
Florida Cardiology, P.A. FL$11.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813395754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.