Plan Ledger DOL Form 5500 · updated monthly

Revere Health401(k)

REVERE HEALTH 401K PROFIT SHARING PLAN · PROVO, UT · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Revere Health reported $181,906 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $7,529 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 0.17% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 25th-largest of 848 plans among Utah employers on file, and the 546th of 11,911 in health care & social assistance. In 2024, the employer put in $3.57 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$254,776,511
Participants with balances2,763
Active participants2,191
Employer contributions$16,496,963
Employee contributions$4,624,614
Employer contribution per active participant$7,529
Average account balance$92,210
Benefits paid to participants$19,613,775
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$254.8M · 2,763 accts · $16.5M emplr
2023$219.7M · 2,539 accts · $15.4M emplr
2022$183.8M · 2,552 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,811
Investment management$45,467
Audit (IQPA)$17,250
Total administrative$181,906
The Revere Health 401(k) match · 2024
Employer contribution per active participant$7,529
Median for plans this size$3,635
2024$7,529 per active participant
2023$7,674 per active participant
2022$7,029 per active participant

Revere Health's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20245
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$71,500
FUTUREPLAN BY ASCENSUS - KRAVITZ · Accounting / audit$17,250
EIDE BAILLY LLP$7,378
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$173

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$181,906 · 0.08%
2023$225,625 · 0.11%
2022$344,543 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Myriad Genetics, Inc. UT$458.1M · 0.00%
Tanner Memorial Clinic UT$146.2M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870281028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.