Plan Ledger DOL Form 5500 · updated monthly

Nea Therapy Providers, LLC401(k)

NEA THERAPY PROVIDERS 401(K) PLAN · JONESBORO, AR · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Nea Therapy Providers, LLC reported $23,131 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $519 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 0.81%. 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 Arkansas (362nd of 456), and 9,038th of 11,911 in health care & social assistance. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 175 to 256 since 2022.

Plan summary
Net assets, end of year$3,308,994
Participants with balances155
Active participants256
Employer contributions$132,874
Employee contributions$343,128
Employer contribution per active participant$519
Average account balance$21,348
Benefits paid to participants$40,575
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISORS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 155 accts · $133K emplr
2023$2.4M · 153 accts · $93K emplr
2022$1.7M · 116 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,131
Total administrative$23,131
The Nea Therapy Providers, LLC 401(k) match · 2024
Employer contribution per active participant$519
Median for plans this size$1,313
2024$519 per active participant
2023$454 per active participant
2022$538 per active participant

Nea Therapy Providers, 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.

Administrative cost history3
2024$23,131 · 0.81%
2023$16,786 · 0.81%
2022$14,418 · 0.83%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Care IV, Inc. dba Care IV AR$3.5M · 1.28%
Ozark Opportunities Inc. AR$2.7M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262560446 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.