Plan Ledger DOL Form 5500 · updated monthly

Adobe Care and Wellness LLC401(k)

ADOBE CARE AND WELLNESS 401(K) · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Adobe Care and Wellness LLC reported $43,063 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,342 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 0.59% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (853rd of 1,285), and 8,039th of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 178 to 331 since 2022.

Plan summary
Net assets, end of year$4,760,820
Participants with balances357
Active participants331
Employer contributions$775,222
Employee contributions$1,027,161
Employer contribution per active participant$2,342
Average account balance$13,336
Benefits paid to participants$353,460
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 357 accts · $775K emplr
2023$2.4M · 276 accts · $361K emplr
2022$919K · 165 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,003
Investment management$21,060
Total administrative$43,063
The Adobe Care and Wellness LLC 401(k) match · 2024
Employer contribution per active participant$2,342
Median for plans this size$1,313
2024$2,342 per active participant
2023$1,227 per active participant

Adobe Care and Wellness LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Loan processing · Recordkeeping$22,002
MML INVESTORS SERVICES, INC. · Recordkeeping · Trustee$21,060

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

Recordkeeper by year2
2024ADP, MML INVESTORS SERVICES, INC.
2023ADP, MML INVESTORS SERVICES, INC.

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Administrative cost history3
2024$43,063 · 1.20%
2023$13,079 · 0.78%
2022$4,246 · 0.59%
Similar plansHealth Care & Social Assistance · Arizona
Arion Care Solutions, LLC AZ$4.6M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463827580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.