Plan Ledger DOL Form 5500 · updated monthly

Hopelink Behavioral Health403(b)

HOPELINK BEHAVIORAL HEALTH 403(B) PLAN · OAKTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Hopelink Behavioral Health reported $32,767 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $991 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 0.31% to 0.48%. 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 Virginia (1,641st of 2,266), and 6,718th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 202 to 284 since 2022.

Plan summary
Net assets, end of year$7,334,524
Participants with balances389
Active participants284
Employer contributions$281,511
Employee contributions$451,924
Employer contribution per active participant$991
Average account balance$18,855
Benefits paid to participants$570,286
Plan auditUnmodified (clean) audit opinion
AuditorRENNER & COMPANY, CPA, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 389 accts · $282K emplr
2023$6.3M · 288 accts · $238K emplr
2022$5.9M · 275 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,767
Total administrative$32,767
Employer contributions to the Hopelink Behavioral Health plan · 2024
Employer contribution per active participant$991
Median for plans this size$1,313
2024$991 per active participant
2023$934 per active participant
2022$953 per active participant

Hopelink Behavioral Health's 2024 employer contribution ran below the $1,313 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
LINCOLN NATIONAL CORPORATION · Contract administrator$32,767

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$32,767 · 0.48%
2023$39,994 · 0.66%
2022$19,477 · 0.31%
Similar plansHealth Care & Social Assistance · Virginia
St. Josephs Villa VA$7.6M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540880899 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.