Plan Ledger DOL Form 5500 · updated monthly

Acorn Health401(k)

ACORN HEALTH 401(K) PLAN · CORAL GABLES, FL · plan year 2022

Reported admin expense ratio · 2022
1.43%

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

Acorn Health reported $19,265 in plan administrative expenses for 2022: 1.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (3,205th of 3,644), and 11,022nd of 11,654 in professional & technical services. In 2022, employees put in $198.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,605,665
Participants with balances229
Active participants1,203
Employer contributions$3,203
Employee contributions$637,164
Employer contribution per active participant$3
Average account balance$7,012
Benefits paid to participants$87,768
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$1.6M · 229 accts · $3K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,265
Total administrative$19,265
The Acorn Health 401(k) match · 2022
Employer contribution per active participant$3
Median for plans this size$1,114

Acorn Health's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$19,265 · 1.43%
Similar plansProfessional & Technical Services · Florida
Allstaff Payroll, Inc. FL$1.7M · 2.19%
Benefit Hub, Inc. FL$1.7M · 0.55%
Keeton Corrections, Inc. FL$1.7M · 1.27%
Search Wizards, Inc. FL$1.5M · 1.75%
Rizzetta & Company FL$1.5M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824492820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.