Plan Ledger DOL Form 5500 · updated monthly

Wheel Health Inc.401(k)

WHEEL HEALTH 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Wheel Health Inc. reported $7,315 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,252 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 0.10% to 0.16%. 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 (4,088th of 5,688), and 7,969th of 11,911 in health care & social assistance. In 2024, employees put in $5.34 for every $1.00 the employer contributed; active participation has shrunk from 195 to 92 since 2022.

Plan summary
Net assets, end of year$4,899,446
Participants with balances173
Active participants92
Employer contributions$207,216
Employee contributions$1,105,921
Employer contribution per active participant$2,252
Average account balance$28,320
Benefits paid to participants$1,275,986
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 173 accts · $207K emplr
2023$4.1M · 182 accts · $264K emplr
2022$3.2M · 242 accts · $320K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,868
Investment management$3,447
Total administrative$7,315
The Wheel Health Inc. 401(k) match · 2024
Employer contribution per active participant$2,252
Median for plans this size$1,313
2024$2,252 per active participant
2023$2,353 per active participant
2022$1,643 per active participant

Wheel Health 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 · 20241
GUIDELINE, INC. · Plan administrator · Recordkeeping$6,644

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$7,315 · 0.16%
2023$6,262 · 0.17%
2022$1,986 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Rox Access Network TX$5.0M · 1.01%
C.C. Young Memorial Home TX$4.9M · 0.02%
Ctw Home Health, LLC TX$4.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822819397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.