Plan Ledger DOL Form 5500 · updated monthly

Adelante Healthcare, Inc.401(k)

403(B) THRIFT PLAN OF ADELANTE HEALTHCARE, INC. · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Adelante Healthcare, Inc. reported $7,200 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 rose from 0.05% to 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 384th-largest of 1,285 plans among Arizona employers on file, and the 3,864th of 11,911 in health care & social assistance. active participation has shrunk from 1,483 to 948 since 2022.

Plan summary
Net assets, end of year$18,732,942
Participants with balances1,197
Active participants948
Employer contributions$0
Employee contributions$2,147,031
Employer contribution per active participant$0
Average account balance$15,650
Benefits paid to participants$3,100,988
Plan auditUnmodified (clean) audit opinion
AuditorFESTER & CHAPMAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.7M · 756 accts
2023$18.7M · 1,197 accts
2022$16.6M · 1,252 accts · $626K emplr
The Adelante Healthcare, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Adelante Healthcare, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$7,106

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$135,984 · 0.73%
2023$7,200 · 0.04%
2022$7,809 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Team Select Holding, LLC AZ$18.9M · 0.56%
Winslow Memorial Hospital AZ$18.3M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860377821 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.