Plan Ledger DOL Form 5500 · updated monthly

Recept Healthcare Services LP401(k)

RECEPT HEALTHCARE SERVICES LP 401(K) PLAN · GRAPEVINE, TX · plan year 2022

Reported admin expense ratio · 2022
0.65%

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

Recept Healthcare Services LP reported $64,035 in plan administrative expenses for 2022: 0.65% of average plan assets, above the peer median. Employer contributions averaged $1,294 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 retail trade employers. By assets it is among the smaller plans on file in Texas (3,185th of 5,688), and 2,803rd of 5,215 in retail trade. In 2022, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,196,994
Participants with balances180
Active participants323
Employer contributions$418,101
Employee contributions$1,050,370
Employer contribution per active participant$1,294
Average account balance$51,094
Benefits paid to participants$1,244,326
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$9.2M · 180 accts · $418K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$17,976
Investment management$46,059
Total administrative$64,035
The Recept Healthcare Services LP 401(k) match · 2022
Employer contribution per active participant$1,294
Median for plans this size$1,114

Recept Healthcare Services LP's 2022 employer contribution ran above 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 history2
2023Not separately reported
2022$64,035 · 0.65%
Similar plansRetail Trade · Texas
McCourt Equipment TX$9.3M · 0.76%
Hull Supply Company, Inc TX$9.3M · 0.04%
McCraw Oil/Kwik Chek TX$9.1M · 0.59%
Retail Concepts, Inc. TX$8.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841631211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.