Plan Ledger DOL Form 5500 · updated monthly

Ascend Clinical, LLC401(k)

ASCEND CLINICAL LLC 401(K) RETIREMENT PLAN · SUNNYVALE, CA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Ascend Clinical, LLC reported $24,644 in plan administrative expenses for 2023: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,770 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 0.09% to 0.31%. 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 3,007th-largest of 9,483 plans among California employers on file, and the 3,088th of 11,911 in health care & social assistance. In 2023, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,949,759
Participants with balances208
Active participants173
Employer contributions$825,209
Employee contributions$1,346,131
Employer contribution per active participant$4,770
Average account balance$124,758
Benefits paid to participants$3,562,404
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$2.0M · 100 accts · $398K emplr
2023$25.9M · 208 accts · $825K emplr
2022$23.3M · 214 accts · $843K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,786
Investment management$8,858
Total administrative$24,644
The Ascend Clinical, LLC 401(k) match · 2023
Employer contribution per active participant$4,770
Median for plans this size$2,440
2024$2,441 per active participant
2023$4,770 per active participant
2022$4,960 per active participant

Ascend Clinical, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$8,858

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

Administrative cost history4
2025Not separately reported
2024$43,983 · 0.31%
2023$24,644 · 0.10%
2022$22,250 · 0.09%
Similar plansHealth Care & Social Assistance · California
Catalight Foundation CA$26.2M · 0.54%
Fred Finch Youth Center CA$26.1M · 0.80%
Vep Healthcare, Inc. CA$25.8M · 0.19%
Manos Home Care CA$25.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943357013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.