Plan Ledger DOL Form 5500 · updated monthly

Texas Medical Careers Limited Db401(k)

THE COLLEGE OF HEALTHCARE PROFESSIONS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.32%

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

Texas Medical Careers Limited Db reported $124,160 in plan administrative expenses for 2024: 1.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,013 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 3 years on file its reported administrative ratio has held roughly steady near 1.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Texas (2,982nd of 5,688), and 2,068th of 3,091 in educational services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 610 to 847 since 2022.

Plan summary
Net assets, end of year$10,611,377
Participants with balances436
Active participants847
Employer contributions$858,152
Employee contributions$1,708,716
Employer contribution per active participant$1,013
Average account balance$24,338
Benefits paid to participants$1,671,495
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 436 accts · $858K emplr
2023$8.2M · 426 accts · $763K emplr
2022$5.9M · 386 accts · $683K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,224
Investment management$97,936
Total administrative$124,160
The Texas Medical Careers Limited Db 401(k) match · 2024
Employer contribution per active participant$1,013
Median for plans this size$1,313
2024$1,013 per active participant
2023$1,193 per active participant
2022$1,119 per active participant

Texas Medical Careers Limited Db'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$100,966
LPL FINANCIAL · Recordkeeping · Trustee$23,193
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP, LPL Financial

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$124,160 · 1.32%
2023$90,722 · 1.28%
2022$75,502 · 1.27%
Similar plansEducational Services · Texas
Ips Enterprises, Inc. TX$10.7M · 1.76%
Bayes Achievement Center TX$10.7M · 0.21%
Accelerate Learning Inc. TX$10.4M · 0.27%
Brighton Center TX$10.3M · 0.44%
The Post Oak School TX$10.1M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010643462 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.