Plan Ledger DOL Form 5500 · updated monthly

Nevada Health Centers, Inc.401(k)

NEVADA HEALTH CENTERS, INC. RETIREMENT PLAN · CARSON CITY, NV · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Nevada Health Centers, Inc. reported $119,149 in plan administrative expenses for 2024: 0.56% of average plan assets, higher than ~75% of peers. Employer contributions averaged $987 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 0.48% to 0.56%. 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 117th-largest of 437 plans among Nevada employers on file, and the 3,343rd of 11,911 in health care & social assistance. In 2024, employees put in $3.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,004,257
Participants with balances623
Active participants539
Employer contributions$531,836
Employee contributions$1,813,094
Employer contribution per active participant$987
Average account balance$36,925
Benefits paid to participants$1,670,967
Plan auditUnmodified (clean) audit opinion
AuditorJWT & ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.0M · 623 accts · $532K emplr
2023$19.9M · 643 accts · $496K emplr
2022$16.5M · 728 accts · $456K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,654
Investment management$39,495
Total administrative$119,149
The Nevada Health Centers, Inc. 401(k) match · 2024
Employer contribution per active participant$987
Median for plans this size$2,416
2024$987 per active participant
2023$952 per active participant
2022$916 per active participant

Nevada Health Centers, Inc.'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 · 20243
SWBC INVESTMENT ADVISORY SERV LLC D · Investment advisory (plan)$31,000
EMPOWER ADVISORY GROUP, LLC · Investment management$8,495

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$119,149 · 0.56%
2023$119,385 · 0.66%
2022$83,333 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Nevada
Ambitions, Inc NV$25.0M · 0.35%
Las Vegas Urology, LLP NV$21.1M · 0.63%
Hera Health Partners LP NV$20.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943199117 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.