Plan Ledger DOL Form 5500 · updated monthly

Calibrate Health Inc401(k)

CALIBRATE 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Calibrate Health Inc reported $12,650 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,408 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 0.10% to 0.24%. 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 New York (4,309th of 5,648), and 7,424th of 11,911 in health care & social assistance. In 2024, employees put in $4.52 for every $1.00 the employer contributed; active participation has shrunk from 406 to 129 since 2022.

Plan summary
Net assets, end of year$5,876,589
Participants with balances230
Active participants129
Employer contributions$181,648
Employee contributions$820,288
Employer contribution per active participant$1,408
Average account balance$25,550
Benefits paid to participants$963,426
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BIETZER, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 230 accts · $182K emplr
2023$4.9M · 391 accts · $506K emplr
2022$4.2M · 662 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,589
Investment management$8,061
Total administrative$12,650
The Calibrate Health Inc 401(k) match · 2024
Employer contribution per active participant$1,408
Median for plans this size$1,313
2024$1,408 per active participant
2023$2,892 per active participant
2022$1,708 per active participant

Calibrate Health Inc's 2024 employer contribution ran above the $1,313 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$12,650

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$12,650 · 0.24%
2023$11,381 · 0.25%
2022$4,332 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · New York
Job Path, Inc. NY$5.9M · 0.33%
Kelberman Center, Inc. NY$5.9M · 0.52%
Kennedy Pavilion Rh LLC NY$5.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611897275 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.