Plan Ledger DOL Form 5500 · updated monthly

Colorado Health Benefit Exchange403(b)

COLORADO HEALTH BENEFIT EXCHANGE 403(B) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Colorado Health Benefit Exchange reported $47,422 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $8,720 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 0.43% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 593rd-largest of 1,461 plans among Colorado employers on file, and 3,297th of 4,798 in finance & insurance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves; active participation has grown from 167 to 211 since 2022.

Plan summary
Net assets, end of year$17,034,243
Participants with balances239
Active participants211
Employer contributions$1,839,997
Employee contributions$1,491,230
Employer contribution per active participant$8,720
Average account balance$71,273
Benefits paid to participants$1,768,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 239 accts · $1.8M emplr
2023$12.6M · 241 accts · $1.6M emplr
2022$9.0M · 200 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,422
Total administrative$47,422
Employer contributions to the Colorado Health Benefit Exchange plan · 2024
Employer contribution per active participant$8,720
Median for plans this size$2,416
2024$8,720 per active participant
2023$7,314 per active participant
2022$7,855 per active participant

Colorado Health Benefit Exchange's 2024 employer contribution ran above the $2,416 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$47,421

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$47,422 · 0.32%
2023$39,752 · 0.37%
2022$38,388 · 0.43%
Same employer
Similar plansFinance & Insurance · Colorado
Ksl Advisors, LLC CO$20.6M · 0.22%
Et Investments, LLC CO$18.6M · 0.28%
Megastar Financial Corp. CO$17.0M · 0.48%
Riot Platforms, Inc. CO$14.9M · 0.61%
Credit Union of Denver CO$13.7M · 0.41%
First Pioneer Bank Corp. CO$13.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453733823 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.