Plan Ledger DOL Form 5500 · updated monthly

Avalon Health Care, Inc.401(k)

AVALON HEALTH CARE, INC. 401(K) PLAN · SALT LAKE CITY, UT · plan year 2022

Reported admin expense ratio · 2022
1.62%

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

Avalon Health Care, Inc. reported $611,993 in plan administrative expenses for 2022: 1.62% of average plan assets, higher than ~90% of peers. Employer contributions averaged $106 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 fell from 1.62% to 0.82%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 203rd-largest of 848 plans among Utah employers on file, and the 2,501st of 11,911 in health care & social assistance. In 2022, employees put in $15.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,437,034
Participants with balances5,470
Active participants3,980
Employer contributions$422,089
Employee contributions$6,349,572
Employer contribution per active participant$106
Average account balance$6,296
Benefits paid to participants$5,789,977
Plan auditUnmodified (clean) audit opinion
AuditorJONES SIMKINS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.5M · 2,256 accts · $529K emplr
2023$29.0M · 2,932 accts · $461K emplr
2022$34.4M · 5,470 accts · $422K emplr
Administrative expenses, itemized · 2022
Investment management$189,453
Professional / advisory$403,574
Total administrative$611,993
The Avalon Health Care, Inc. 401(k) match · 2022
Employer contribution per active participant$106
Median for plans this size$2,266
2024$265 per active participant
2023$200 per active participant
2022$106 per active participant

Avalon Health Care, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC, T. Rowe Price
2023PROFESSIONAL CAPITAL SERVICES, LLC

This plan has changed recordkeepers within these filings. If you left Avalon Health Care, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$239,473 · 0.82%
2023$512,942 · 1.62%
2022$611,993 · 1.62%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Bristol Hospice UT$49.2M · 0.45%
Foothill Clinic, LLC UT$34.7M · 0.01%
Eduro Healthcare, LLC UT$27.9M · 1.39%
Alpine Pediatrics, P.C. UT$26.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870462037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.