HSC Acquisition, LLC D/B/A Propel Health 401(k) match, vesting and fees

Plan year 2024 filingHsc Acquisition, LLC 401(k) Plan · Plan 001 · EIN 27-1634743Updated Oct 2026

What HSC Acquisition, LLC D/B/A Propel Health's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $592K in employer contributions, about $1,166 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$54,822
Average account balance
524
Participants (end of year)
$27.8M
Plan assets (end of year)
0.20%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperPrincipal Life Insurance CompanySchedule C ↗
Independent auditorWiss & Company, LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,380 defined-contribution plans in health care and social assistance with 500 to 999 participants.

HSC Acquisition, LLC D/B/A Propel Health: employer contribution per participant$1,166
Peer median$1,337
HSC Acquisition, LLC D/B/A Propel Health: average balance$54,822
Peer median$35,764
HSC Acquisition, LLC D/B/A Propel Health: admin expenses ÷ assets0.20%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $25.3M at the end of plan year 2021 to $27.8M at the end of plan year 2024.

$25.3M2021$19.7M2022$24M2023$27.8M2024
End-of-year figures from each plan year's Form 5500 filing for the HSC Acquisition, LLC D/B/A Propel Health plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024524$27.8M$592K$1,1660.20%Not publishedForm 5500 ↗
2023430$24M$478K$1,1330.19%Not publishedForm 5500 ↗
2022410$19.7M$339K$8460.18%Not publishedForm 5500 ↗
2021391$25.3M$360K$9410.20%Not publishedForm 5500 ↗

Common questions

Does HSC Acquisition, LLC D/B/A Propel Health match 401(k) contributions?

The match terms for the Hsc Acquisition, LLC 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $592K in employer contributions, about $1,166 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the HSC Acquisition, LLC D/B/A Propel Health 401(k) match vested?

The vesting schedule for the Hsc Acquisition, LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the HSC Acquisition, LLC D/B/A Propel Health 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Hsc Acquisition, LLC D/B/A Propel Health.

I left HSC Acquisition, LLC D/B/A Propel Health. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Hsc Acquisition, LLC D/B/A Propel Health, (201) 560-5370) or the recordkeeper, Principal Life Insurance Company. The HSC Acquisition, LLC D/B/A Propel Health old 401(k) page lists the contacts from every plan filing. Find an old HSC Acquisition, LLC D/B/A Propel Health 401(k)

Data from the public Form 5500 annual reports HSC Acquisition, LLC D/B/A Propel Health filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with HSC Acquisition, LLC D/B/A Propel Health. Not financial advice. Report a correction · Methodology