Plan Ledger DOL Form 5500 · updated monthly

North Central Texas Community Health Care Center, Inc.401(k)

NORTH CENTRAL TEXAS COMMUNITY HEALTH CARE CENTER, INC. 401(K) SAVINGS PLAN · WICHITA FALLS, TX · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

North Central Texas Community Health Care Center, Inc. reported $26,001 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,665 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 0.08% to 0.24%. 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 among the smaller plans on file in Texas (2,895th of 5,688), and the 5,356th of 11,911 in health care & social assistance. In 2024, the employer put in $1.62 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$11,296,789
Participants with balances274
Active participants294
Employer contributions$489,651
Employee contributions$302,912
Employer contribution per active participant$1,665
Average account balance$41,229
Benefits paid to participants$449,565
Plan auditUnmodified (clean) audit opinion
AuditorMICHELLE RIGGINS, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$11.3M · 274 accts · $490K emplr
2023$10.4M · 268 accts · $818K emplr
2022$8.3M · 305 accts · $774K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,906
Investment management$1,095
Total administrative$26,001
The North Central Texas Community Health Care Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,665
Median for plans this size$2,416
2024$1,665 per active participant
2023$2,802 per active participant
2022$2,887 per active participant

North Central Texas Community Health Care Center, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$24,906

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,001 · 0.24%
2023$33,491 · 0.36%
2022$5,950 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Tei & Associates, L.L.C. TX$11.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752429644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.