Plan Ledger DOL Form 5500 · updated monthly

Altura Centers for Health401(k)

ALTURA CENTERS FOR HEALTH 401(K) PLAN · TULARE, CA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Altura Centers for Health reported $107,787 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,468 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. 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 3,892nd-largest of 9,483 plans among California employers on file, and the 3,958th of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 255 to 288 since 2022.

Plan summary
Net assets, end of year$18,091,137
Participants with balances284
Active participants288
Employer contributions$710,846
Employee contributions$1,285,727
Employer contribution per active participant$2,468
Average account balance$63,701
Benefits paid to participants$768,047
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 284 accts · $711K emplr
2023$14.9M · 256 accts · $584K emplr
2022$12.0M · 243 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,859
Investment management$68,928
Total administrative$107,787
The Altura Centers for Health 401(k) match · 2024
Employer contribution per active participant$2,468
Median for plans this size$2,416
2024$2,468 per active participant
2023$2,280 per active participant
2022$2,094 per active participant

Altura Centers for Health'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
NEWLEAF WEALTH MANAGEMENT, LLC · Investment advisory (plan)$56,190
EMPOWER ADVISORY GROUP, LLC · Investment management$12,738

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$107,787 · 0.65%
2023$91,968 · 0.68%
2022$72,214 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · California
Agendia, Inc. CA$18.3M · 0.11%
Kings View CA$18.2M · 0.11%
Aspiranet CA$18.0M · 0.01%
San Diego Blood Bank CA$17.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770465378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.