Plan Ledger DOL Form 5500 · updated monthly

Nhnp Healthcare Inc. dba Ablehearts Healthcare Foundation401(k)

ABLEHEARTS HEALTHCARE FOUNDATION 401(K) SAVINGS PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

Nhnp Healthcare Inc. dba Ablehearts Healthcare Foundation reported $11,560 in plan administrative expenses for 2022: 0.40% of average plan assets, below the peer median. Employer contributions averaged $578 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,617th of 3,644), and 8,292nd of 11,911 in health care & social assistance. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,361,063
Participants with balances380
Active participants1,504
Employer contributions$868,671
Employee contributions$1,715,284
Employer contribution per active participant$578
Average account balance$11,476
Benefits paid to participants$541,957
Plan auditUnmodified (clean) audit opinion
AuditorMSL, P.A.
The Nhnp Healthcare Inc. dba Ablehearts Healthcare Foundation 401(k) match · 2022
Employer contribution per active participant$578
Median for plans this size$1,114

Nhnp Healthcare Inc. dba Ablehearts Healthcare Foundation's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$11,560 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Florida
Family Resource Center FL$4.4M · 0.04%
Florida Retina Institute FL$4.3M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204137987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.