Plan Ledger DOL Form 5500 · updated monthly

Star of Hope Mission, Inc.401(k)

STAR OF HOPE RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Star of Hope Mission, Inc. reported $46,300 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,143 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 0.35% to 0.39%. 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 2,790th-largest of 5,688 plans among Texas employers on file, and the 5,155th of 11,911 in health care & social assistance. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,989,599
Participants with balances275
Active participants197
Employer contributions$422,172
Employee contributions$618,904
Employer contribution per active participant$2,143
Average account balance$43,599
Benefits paid to participants$2,303,788
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON, COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 275 accts · $422K emplr
2023$12.0M · 295 accts · $464K emplr
2022$9.9M · 276 accts · $451K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,300
Total administrative$46,300
The Star of Hope Mission, Inc. 401(k) match · 2024
Employer contribution per active participant$2,143
Median for plans this size$2,416
2024$2,143 per active participant
2023$2,189 per active participant
2022$2,198 per active participant

Star of Hope Mission, 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
LINCOLN NATIONAL CORPORATION · Contract administrator$46,300

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$46,300 · 0.39%
2023$41,196 · 0.38%
2022$38,331 · 0.35%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Momentous Institute TX$12.3M · 0.45%
Foursquare Healthcare LTD. TX$12.1M · 0.53%
Kidkraft, Inc. TX$12.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741152599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.