Plan Ledger DOL Form 5500 · updated monthly

Synergy Healthcare Associates401(k)

SYNERGY HEALTHCARE ASSOCIATES 401(K) PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Synergy Healthcare Associates reported $12,667 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,582 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 fell from 0.18% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,527th-largest of 5,688 plans among Texas employers on file, and the 2,744th of 11,911 in health care & social assistance. In 2023, the employer put in $1.00 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$30,446,323
Participants with balances326
Active participants178
Employer contributions$993,534
Employee contributions$993,523
Employer contribution per active participant$5,582
Average account balance$93,394
Benefits paid to participants$6,059,887
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 216 accts · $2.3M emplr
2023$30.4M · 326 accts · $994K emplr
2022$30.1M · 226 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Investment management$39,104
Total administrative$12,667
The Synergy Healthcare Associates 401(k) match · 2023
Employer contribution per active participant$5,582
Median for plans this size$2,440
2024$11,112 per active participant
2023$5,582 per active participant
2022$5,660 per active participant

Synergy Healthcare Associates's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top quarter of its peers. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
CAPFINANCIAL PARTNERS, LLC · Investment advisory (participants)$21,026
FINANCIAL LIFE ADVISORS · Investment advisory (participants)$15,786
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$16,508 · 0.05%
2023$12,667 · 0.04%
2022$61,139 · 0.18%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Therapy 2000, Inc. TX$30.6M · 0.40%
Lone Star Circle of Care TX$29.4M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264333033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.