Plan Ledger DOL Form 5500 · updated monthly

1LIFE Healthcare, Inc.401(k)

1LIFE HEALTHCARE, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

1LIFE Healthcare, Inc. reported $84,332 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,027 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 fell from 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 400th-largest of 9,483 plans among California employers on file, and the 479th of 11,911 in health care & social assistance. In 2024, employees put in $4.28 for every $1.00 the employer contributed; active participation has shrunk from 3,720 to 3,032 since 2022.

Plan summary
Net assets, end of year$307,943,486
Participants with balances4,214
Active participants3,032
Employer contributions$9,176,722
Employee contributions$39,277,373
Employer contribution per active participant$3,027
Average account balance$73,076
Benefits paid to participants$25,878,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$307.9M · 4,214 accts · $9.2M emplr
2023$239.2M · 5,038 accts · $392K emplr
2022$169.7M · 4,495 accts · $8.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,332
Total administrative$84,332
The 1LIFE Healthcare, Inc. 401(k) match · 2024
Employer contribution per active participant$3,027
Median for plans this size$4,294
2024$3,027 per active participant
2023$94 per active participant
2022$2,235 per active participant

1LIFE Healthcare, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$84,332

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$84,332 · 0.03%
2023$70,070 · 0.03%
2022$57,069 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · California
Apria Healthcare Group Inc. CA$349.8M · 0.07%
Onesmile, LLC CA$348.7M · 0.16%
Natera CA$301.4M · 0.02%
Kpc Global Management, LLC CA$298.3M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760707204 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.