Department of Labor filing

HF MANAGEMENT SERVICES, LLC

HEALTHFIRST PROFIT SHARING 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 9, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

44filing comparison
out of 100

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

$Employer support

$4,723

Reported employer contributions per active participant.

Higher than about 53% of comparable plans

#People in the filing

6,126

Active participants reported for 2024.

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

¢Visible plan-paid fees

$103 / participant

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

Lower cost than about 25% of comparable plans

↗Investment performance

Not available

Plan assets changed 22.4%, 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 · 202444out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions53rd percentileTypical peer $4,523 · based on 160 comparable plans

Lower reported administrative expense25th percentileTypical peer $66 · based on 152 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, HF MANAGEMENT SERVICES, LLC reported $28,932,395 in employer contributions across the plan and 6,126 active participants. That works out to $4,723 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 proxy82%

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 trendUp 22.2%

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

Expense trendUp 35.5%

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

Peer context44/100

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: $28,932,395
Participant contributions: $48,915,417
Other contributions: $4,800,345
Employer share of reported contributions: 37.2%
Beginning assets: $554,346,939
Ending assets: $678,487,898
Ending net assets: $678,487,898
Ending liabilities: $0
Total income: $160,127,398
Total expenses: $35,986,439
Administrative expenses: $727,179
Participant loans: $20,169,037

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

$3,866

2023

$4,449

2024

$4,723

Plan-paid administrative expenses per participant

2022

$76

2023

$82

2024

$103

Active participants

2022

5,585

2023

5,636

2024

6,126

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,723	6,126	678.5M	20250909072919NAL0012739299001
2023	$4,449	5,636	554.3M	20240801121311NAL0038789840001
2022	$3,866	5,585	433.2M	20231002103446NAL0010535107001

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: 3.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 134069806-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jun 1, 1996
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
2E2F2G2J2S2T3D3F3H2K2R

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
CHARLES SCHWAB & CO., INC.	2024	Not reported	unknown
CHARLES SCHWAB INVESTMENT MGMT	2024	Not reported	unknown
THE VANGUARD GROUP, INC.	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20250909072919NAL0012739299001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗