Plan Ledger DOL Form 5500 · updated monthly

Centered Health, LLC401(k)

CENTERED HEALTH, LLC RETIREMENT PLAN · CULVER CITY, CA · plan year 2022

Reported admin expense ratio · 2022
3.09%

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

Centered Health, LLC reported $4,145 in plan administrative expenses for 2022: 3.09% of average plan assets, higher than ~90% of peers. Employer contributions averaged $532 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 1 year on file its reported administrative ratio rose from 0.10% to 3.09%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (9,265th of 9,483), and 11,673rd of 11,911 in health care & social assistance. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$198,196
Participants with balances33
Active participants137
Employer contributions$72,913
Employee contributions$120,447
Employer contribution per active participant$532
Average account balance$6,006
Benefits paid to participants$46,791
Plan auditUnmodified (clean) audit opinion
AuditorBERKOWITZ POLLACK BRANT ADVISORS LL
Plan history2
Yearassets · accounts · employer contribution
2022$198K · 33 accts · $73K emplr
2021$70K · 28 accts · $20K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,145
Total administrative$4,145
The Centered Health, LLC 401(k) match · 2022
Employer contribution per active participant$532
Median for plans this size$331
2022$532 per active participant
2021$149 per active participant

Centered Health, LLC's 2022 employer contribution ran above the $331 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 history2
2022$4,145 · 3.09%
2021$68 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · California
True Care Hospice Inc CA$175K · 13.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474644220 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.