Plan Ledger DOL Form 5500 · updated monthly

Therapymatch Inc (dba Headway)401(k)

THERAPYMATCH INC (DBA HEADWAY) 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Therapymatch Inc (dba Headway) reported $13,791 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.09% to 0.12%. 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 among the smaller plans on file in New York (2,877th of 5,648), and the 4,339th of 11,911 in health care & social assistance. active participation has grown from 209 to 647 since 2022.

Plan summary
Net assets, end of year$15,796,544
Participants with balances761
Active participants647
Employer contributions$0
Employee contributions$6,287,674
Employer contribution per active participant$0
Average account balance$20,758
Benefits paid to participants$1,186,031
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 761 accts
2023$7.6M · 539 accts
2022$2.3M · 258 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,548
Investment management$9,243
Total administrative$13,791
The Therapymatch Inc (dba Headway) 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Therapymatch Inc (dba Headway)'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GUIDELINE, INC. · Recordkeeping · Consulting$12,233
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect 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
2024Guideline
2023Guideline

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

Administrative cost history3
2024$13,791 · 0.12%
2023$6,119 · 0.12%
2022$1,299 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · New York
Fountain House, Inc. NY$16.2M · 0.52%
Priority Care Group, LLC NY$16.2M · 1.12%
Alternatives for Children NY$15.8M · 0.00%
Bonadent, LLC NY$15.7M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811203583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.