Hope Horizon Mental Health401(k)
EMPLOYEE BENEFIT PLAN OF HOPE HORIZON MENTAL HEALTH · TULARE, CA · plan year 2023
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Hope Horizon Mental Health reported $8,595 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $2,639 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 rose from 0.03% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,154th of 9,483), and 8,176th of 11,911 in health care & social assistance. In 2023, employees put in $1.12 for every $1.00 the employer contributed; active participation has grown from 79 to 88 since 2021.
Hope Horizon Mental Health's 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 941748204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.