Plan Ledger DOL Form 5500 · updated monthly

Altais Health Solutions401(k)

ALTAIS HEALTH SOLUTIONS 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Altais Health Solutions reported $149,582 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,208 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 1 year on file its reported administrative ratio rose from 0.34% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,200th-largest of 9,483 plans among California employers on file, and the 2,291st of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,809,028
Participants with balances562
Active participants510
Employer contributions$1,636,026
Employee contributions$3,254,452
Employer contribution per active participant$3,208
Average account balance$69,055
Benefits paid to participants$8,231,507
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$38.8M · 562 accts · $1.6M emplr
2023$36.8M · 515 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$98,769
Investment management$50,813
Total administrative$149,582
The Altais Health Solutions 401(k) match · 2024
Employer contribution per active participant$3,208
Median for plans this size$2,416
2024$3,208 per active participant
2023$4,399 per active participant

Altais Health Solutions's 2024 employer contribution ran above the $2,416 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$30,246
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$20,567

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

Administrative cost history2
2024$149,582 · 0.40%
2023$116,254 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · California

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Source: U.S. Department of Labor, Form 5500 series, EIN 920757200 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.