Plan Ledger DOL Form 5500 · updated monthly

Tms Neurohealth Center, Inc.401(k)

GREENBROOK TMS 401(K) PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
1.29%

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

Tms Neurohealth Center, Inc. reported $100,294 in plan administrative expenses for 2024: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,023 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 0.99% to 1.29%. 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 Virginia (1,525th of 2,266), and 6,032nd of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 324 to 414 since 2022.

Plan summary
Net assets, end of year$9,093,010
Participants with balances614
Active participants414
Employer contributions$837,334
Employee contributions$1,809,957
Employer contribution per active participant$2,023
Average account balance$14,809
Benefits paid to participants$1,156,251
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 614 accts · $837K emplr
2023$6.5M · 527 accts · $670K emplr
2022$4.7M · 534 accts · $426K emplr
The Tms Neurohealth Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,023
Median for plans this size$1,313
2024$2,023 per active participant
2023$1,569 per active participant
2022$1,315 per active participant

Tms Neurohealth Center, Inc.'s 2024 employer contribution ran above 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 · 20246
GLOBAL RETIREMENT PARTNERS LLC · Securities brokerage$21,974
HUB INTERNATIONAL NEW ENGLAND LLC · Contract administrator · Pension consulting$21,260
CARON & BLETZER, PLLC · Accounting / audit$9,010
RPW SOLUTIONS LLC · Contract administrator · Pension consulting$6,425
EMPOWER ADVISORY GROUP, LLC · Investment management$944

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$100,294 · 1.29%
2023$66,582 · 1.18%
2022$46,973 · 0.99%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Blue Ridge Hospice, Inc. VA$8.9M · 0.54%
Beach Eye Care, Inc. VA$8.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474864814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.