Plan Ledger DOL Form 5500 · updated monthly

Charles Drew Health Center, Inc.401(k)

CHARLES DREW HEALTH CENTER, INC. 401(K) RETIREMENT PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Charles Drew Health Center, Inc. reported $36,536 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $2,043 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 4 years on file its reported administrative ratio has held roughly steady near 0.56%. 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 Nebraska (427th of 565), and 7,004th of 11,911 in health care & social assistance. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,715,872
Participants with balances130
Active participants177
Employer contributions$361,533
Employee contributions$507,005
Employer contribution per active participant$2,043
Average account balance$51,661
Benefits paid to participants$968,068
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$6.7M · 130 accts · $362K emplr
2023$6.2M · 123 accts · $250K emplr
2022$6.4M · 126 accts · $279K emplr
2021$6.0M · 131 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,811
Investment management$30,725
Total administrative$36,536
The Charles Drew Health Center, Inc. 401(k) match · 2024
Employer contribution per active participant$2,043
Median for plans this size$1,313
2024$2,043 per active participant
2023$1,512 per active participant
2022$2,112 per active participant
2021$1,557 per active participant

Charles Drew Health Center, 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 · 20242
EVERGREEN CAPITAL MANAGEMENT · Investment advisory (plan)$30,723
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$5,811

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

Administrative cost history4
2024$36,536 · 0.56%
2023$35,718 · 0.57%
2022$36,033 · 0.58%
2021$38,290 · 0.59%
Similar plansHealth Care & Social Assistance · Nebraska
Titan Medical Group, LLC NE$8.0M · 0.87%
Risemark Holdings, LLC NE$7.1M · 0.49%
Goodwill Industries, Inc. NE$6.7M · 0.93%
Omni Behavioral Health NE$6.5M · 0.47%
Project Harmony NE$6.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470666715 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.