Plan Ledger DOL Form 5500 · updated monthly

Timely Telehealth LLC401(k)

TIMELYCARE 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Timely Telehealth LLC reported $55,825 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,836 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 has held roughly steady near 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,738th of 5,688), and 7,170th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,366,790
Participants with balances280
Active participants222
Employer contributions$851,654
Employee contributions$1,608,164
Employer contribution per active participant$3,836
Average account balance$22,739
Benefits paid to participants$646,360
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$6.4M · 280 accts · $852K emplr
2023$3.8M · 267 accts · $746K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,435
Investment management$49,390
Total administrative$55,825
The Timely Telehealth LLC 401(k) match · 2024
Employer contribution per active participant$3,836
Median for plans this size$1,313
2024$3,836 per active participant
2023$3,361 per active participant

Timely Telehealth LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$6,435
COLEMANS COUNTRY STATE BANK · Investment advisory (participants) · Investment advisory (plan)$49,390

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

Administrative cost history2
2024$55,825 · 1.10%
2023$25,454 · 1.07%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Carrus Healthcare TX$6.4M · 1.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820697295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.