Plan Ledger DOL Form 5500 · updated monthly

Ml Healthcare Management LLC401(k)

ML HEALTHCARE · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Ml Healthcare Management LLC reported $8,619 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $21 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 0.38% to 0.41%. 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 (4,791st of 5,688), and 9,761st of 11,911 in health care & social assistance. In 2024, employees put in $15.48 for every $1.00 the employer contributed; active participation has grown from 386 to 1,148 since 2022.

Plan summary
Net assets, end of year$2,343,040
Participants with balances166
Active participants1,148
Employer contributions$23,537
Employee contributions$364,431
Employer contribution per active participant$21
Average account balance$14,115
Benefits paid to participants$189,246
Plan auditUnmodified (clean) audit opinion
AuditorKARREN, HENDRIX, STAFF, ALLEN & CO.
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 166 accts · $24K emplr
2023$1.9M · 149 accts · $19K emplr
2022$1.6M · 122 accts · $12K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,619
Total administrative$8,619
The Ml Healthcare Management LLC 401(k) match · 2024
Employer contribution per active participant$21
Median for plans this size$1,313
2024$21 per active participant
2023$30 per active participant
2022$31 per active participant

Ml Healthcare Management LLC's 2024 employer contribution ran below the $1,313 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$8,619
KESTRA INVESTMENT SERVICES LLCindirect 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$8,619 · 0.41%
2023$7,000 · 0.40%
2022$6,884 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Cathy Home Care LTD. TX$2.5M · 0.08%
Medical Clinic of Sealy TX$2.4M · 0.01%
Hospice of El Paso, Inc. TX$2.4M · 0.01%
Caregiver 2, Inc. TX$2.3M · 1.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833582776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.