Plan Ledger DOL Form 5500 · updated monthly

Castlight Health, Inc.401(k)

CASTLIGHT HEALTH INC 401K SAVINGS PLAN · SAN FRANCISCO, CA · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Castlight Health, Inc. reported $72,871 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,838 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other information & media employers. By assets it is the 2,064th-largest of 9,483 plans among California employers on file, and the 611th of 2,199 in information & media. In 2022, employees put in $4.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,444,970
Participants with balances1,018
Active participants443
Employer contributions$1,257,210
Employee contributions$5,468,275
Employer contribution per active participant$2,838
Average account balance$40,712
Benefits paid to participants$3,901,964
Plan auditUnmodified (clean) audit opinion
The Castlight Health, Inc. 401(k) match · 2022
Employer contribution per active participant$2,838
Median for plans this size$2,266

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

Administrative cost history1
2022$72,871 · 0.17%
Similar plansInformation & Media · California
Everlaw, Inc. CA$43.1M · 0.01%
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Forgerock US, Inc. CA$41.3M · 0.00%
Imax Corporation CA$40.7M · 0.14%
Blt Communications, LLC CA$40.7M · 0.32%
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Source: U.S. Department of Labor, Form 5500 series, EIN 261989091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.