Plan Ledger DOL Form 5500 · updated monthly

Longview Wellness Center, Inc. dba Wellness Pointe403(b)

LONGVIEW WELLNESS CENTER, INC. DBA WELLNESS POINTE 403(B) PLAN · LONGVIEW, TX · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Longview Wellness Center, Inc. dba Wellness Pointe reported $33,992 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,193 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 0.47% to 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,613th of 5,688), and 6,865th of 11,911 in health care & social assistance. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,010,023
Participants with balances151
Active participants289
Employer contributions$344,830
Employee contributions$735,690
Employer contribution per active participant$1,193
Average account balance$46,424
Benefits paid to participants$434,404
Plan auditUnmodified (clean) audit opinion
AuditorBOLINGER, SEGARS, GILBERT & MOSS
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 151 accts · $345K emplr
2023$5.7M · 144 accts · $336K emplr
2022$4.3M · 140 accts · $301K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,992
Total administrative$33,992
Employer contributions to the Longview Wellness Center, Inc. dba Wellness Pointe plan · 2024
Employer contribution per active participant$1,193
Median for plans this size$1,313
2024$1,193 per active participant
2023$1,178 per active participant
2022$1,038 per active participant

Longview Wellness Center, Inc. dba Wellness Pointe's 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,992
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

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$33,992 · 0.53%
2023$26,049 · 0.52%
2022$20,294 · 0.47%
Similar plansHealth Care & Social Assistance · Texas
Chardonnay Dialysis, LLC TX$7.1M · 0.35%
Deca Dental Holdings, LLC TX$7.1M · 2.05%
Aliviane, Inc TX$7.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752723993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.