Department of Labor filing

BANKERS HEALTHCARE GROUP, LLC

BANKERS HEALTHCARE GROUP, LLC EMPLOYEES' 401(K) RETIREMENT PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 29, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

51filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,642

Reported employer contributions per active participant.

Higher than about 36% of comparable plans

#People in the filing

1,131

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$28 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 86% of comparable plans

↗Investment performance

Not available

Plan assets changed 22.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202451out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions36th percentileTypical peer $3,392 · based on 369 comparable plans

Lower reported administrative expense86th percentileTypical peer $115 · based on 372 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BANKERS HEALTHCARE GROUP, LLC reported $2,988,235 in employer contributions across the plan and 1,131 active participants. That works out to $2,642 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy72%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 27.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 95.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context51/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $2,988,235
Participant contributions: $9,796,247
Other contributions: $1,098,862
Employer share of reported contributions: 23.4%
Beginning assets: $74,483,215
Ending assets: $91,442,073
Ending net assets: $91,442,073
Ending liabilities: $0
Total income: $24,640,344
Total expenses: $7,681,486
Administrative expenses: $46,359
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,626

2023

$3,076

2024

$2,642

Plan-paid administrative expenses per participant

2022

$14

2023

$19

2024

$28

Active participants

2022

1,456

2023

1,242

2024

1,131

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,642	1,131	91.4M	20250929101928NAL0015041315001
2023	$3,076	1,242	74.5M	20240924084909NAL0007302019001
2022	$3,626	1,456	56.2M	20230928112922NAL0012339169001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 650376686-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2007
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2G2J2K2T3D3H

Current plan terms

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Filing ACK_ID20250929101928NAL0015041315001

Data sourceDOL Form 5500 bulk data ↗

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