Plan Ledger DOL Form 5500 · updated monthly

Carewise Health Holdings Inc.401(k)

CAREWISE HEALTH HOLDINGS, INC. 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Carewise Health Holdings Inc. reported $83,185 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $658 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 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 216th-largest of 871 plans among Kentucky employers on file, and the 4,024th of 11,654 in professional & technical services. In 2024, employees put in $6.33 for every $1.00 the employer contributed; active participation has grown from 89 to 103 since 2022.

Plan summary
Net assets, end of year$31,369,346
Participants with balances250
Active participants103
Employer contributions$67,762
Employee contributions$429,037
Employer contribution per active participant$658
Average account balance$125,477
Benefits paid to participants$1,842,036
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.4M · 250 accts · $68K emplr
2023$28.0M · 261 accts · $69K emplr
2022$25.2M · 278 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,657
Investment management$29,528
Total administrative$83,185
The Carewise Health Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$658
Median for plans this size$2,416
2024$658 per active participant
2023$669 per active participant
2022$764 per active participant

Carewise Health Holdings Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$53,657
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$29,528

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,185 · 0.28%
2023$73,669 · 0.28%
2022$81,042 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Kentucky
V-Soft Consulting Group KY$37.0M · 0.68%
Grw Engineers, Inc. KY$34.8M · 0.20%
Alpine Intel, LLC KY$33.9M · 0.31%
Vonlehman & Company, Inc. KY$28.8M · 0.31%
McBrayer PLLC KY$26.6M · 0.01%
Verisys Corporation KY$26.0M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 593484556 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.