Plan Ledger DOL Form 5500 · updated monthly

Concerto Health Ai Solutions, Ll401(k)

CONCERTO HEALTH AI SOLUTIONS 401 (K) PLAN · PLYMOUTH MEETING, PA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Concerto Health Ai Solutions, Ll reported $170,679 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,728 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 0.42% to 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 663rd-largest of 3,651 plans among Pennsylvania employers on file, and the 2,248th of 11,654 in professional & technical services. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,247,517
Participants with balances718
Active participants403
Employer contributions$2,711,546
Employee contributions$5,782,477
Employer contribution per active participant$6,728
Average account balance$88,088
Benefits paid to participants$8,418,251
Plan auditUnmodified (clean) audit opinion
AuditorFML
Plan history3
Yearassets · accounts · employer contribution
2024$63.2M · 718 accts · $2.7M emplr
2023$53.3M · 757 accts · $2.5M emplr
2022$26.4M · 600 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,369
Investment management$100,310
Total administrative$170,679
The Concerto Health Ai Solutions, Ll 401(k) match · 2024
Employer contribution per active participant$6,728
Median for plans this size$3,635
2024$6,728 per active participant
2023$5,025 per active participant
2022$5,586 per active participant

Concerto Health Ai Solutions, Ll'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 · 20243
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$100,310
ADP, INC. · Loan processing · Recordkeeping$70,368
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$170,679 · 0.29%
2023$171,763 · 0.43%
2022$120,644 · 0.42%
Similar plansProfessional & Technical Services · Pennsylvania
Raf Industries, Inc. PA$65.6M · 0.16%
Truecommerce, Inc. PA$64.4M · 0.21%
Tucker Arensberg PC PA$64.3M · 0.02%
Frontage Laboratories Inc. PA$62.9M · 0.24%
Navisite, LLC PA$62.8M · 0.28%
Veranova, L.P. PA$62.4M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844112846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.