Plan Ledger DOL Form 5500 · updated monthly

Confluence Health401(k)

CONFLUENCE HEALTH 401K PLAN AND TRUST · WENATCHEE, WA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Confluence Health reported $478,402 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,172 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 36th-largest of 1,714 plans among Washington employers on file, and the 264th of 11,911 in health care & social assistance. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$697,113,412
Participants with balances4,574
Active participants3,651
Employer contributions$15,232,024
Employee contributions$26,499,629
Employer contribution per active participant$4,172
Average account balance$152,408
Benefits paid to participants$65,955,934
Plan auditUnmodified (clean) audit opinion
AuditorEIDEBAILLY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$697.1M · 4,574 accts · $15.2M emplr
2023$627.0M · 4,556 accts · $14.4M emplr
2022$558.7M · 4,646 accts · $13.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$259,495
Investment management$210,863
Total administrative$478,402
The Confluence Health 401(k) match · 2024
Employer contribution per active participant$4,172
Median for plans this size$4,294
2024$4,172 per active participant
2023$3,983 per active participant
2022$3,676 per active participant

Confluence Health's 2024 employer contribution ran below the $4,294 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 · 20244
FID INV INSTL OPS CO · Loan processing$220,085
STRATEGIC ADVISORS · Investment advisory (plan)$210,863
WURTS ASSOCIATES · Consulting$43,333
HARLOWE & FALK LLP · Legal$8,044

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$478,402 · 0.07%
2023$501,025 · 0.08%
2022$543,805 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Washington
St.Joseph Health System WA$4.5B · 0.06%
Multicare Health System WA$1.2B · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910647181 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.