Plan Ledger DOL Form 5500 · updated monthly

Copa Health, Inc.403(b)

COPA HEALTH 403(B) RETIREMENT PLAN · MESA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Copa Health, Inc. reported $100,182 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $460 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 3 years on file its reported administrative ratio has held roughly steady near 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 498th-largest of 1,285 plans among Arizona employers on file, and the 4,972nd of 11,911 in health care & social assistance. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has shrunk from 1,009 to 773 since 2022.

Plan summary
Net assets, end of year$12,739,257
Participants with balances388
Active participants773
Employer contributions$355,911
Employee contributions$1,423,387
Employer contribution per active participant$460
Average account balance$32,833
Benefits paid to participants$3,306,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 388 accts · $356K emplr
2023$12.0M · 426 accts · $373K emplr
2022$10.1M · 389 accts · $291K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,182
Total administrative$100,182
The Copa Health, Inc. 401(k) match · 2024
Employer contribution per active participant$460
Median for plans this size$2,416
2024$460 per active participant
2023$356 per active participant
2022$289 per active participant

Copa Health, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$84,603
JULY BUSINESS SERVICES INC · Contract administrator · Other services$15,578
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp

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$100,182 · 0.81%
2023$87,366 · 0.79%
2022$92,544 · 0.85%
Similar plansHealth Care & Social Assistance · Arizona
Southwest Network, Inc. AZ$13.3M · 0.56%
Hacienda, Inc. AZ$12.9M · 0.92%
Solari, Inc. AZ$12.5M · 1.01%
La Paz Regional Hospital AZ$12.4M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844608444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.