Plan Ledger DOL Form 5500 · updated monthly

Texas Heart Institute403(b)

TEXAS HEART INSTITUTE SECTION 403(B) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Texas Heart Institute reported $4,614 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,989 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 0.01% to 0.02%. 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 1,774th-largest of 5,688 plans among Texas employers on file, and the 3,220th of 11,911 in health care & social assistance. In 2024, employees put in $3.12 for every $1.00 the employer contributed; active participation has grown from 200 to 255 since 2022.

Plan summary
Net assets, end of year$24,333,821
Participants with balances592
Active participants255
Employer contributions$507,070
Employee contributions$1,584,104
Employer contribution per active participant$1,989
Average account balance$41,104
Benefits paid to participants$1,655,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 592 accts · $507K emplr
2023$21.2M · 545 accts · $331K emplr
2022$19.3M · 522 accts · $369K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,614
Total administrative$4,614
Employer contributions to the Texas Heart Institute plan · 2024
Employer contribution per active participant$1,989
Median for plans this size$2,416
2024$1,989 per active participant
2023$1,699 per active participant
2022$1,844 per active participant

Texas Heart Institute'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
VALIC RETIREMENT SERVICES COMPANY · Custodial (securities) · Investment management$1,693

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$4,614 · 0.02%
2023$1,723 · 0.01%
2022$1,653 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Intrepid USA, Inc. TX$24.2M · 0.41%
Nluc, PLLC TX$24.2M · 0.03%
Methodist Children's Home TX$24.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 746053200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.