Cortex Health Inc401(k)
CORTEX HEALTH INC 401(K) PLAN · SALT LAKE CITY, UT · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Cortex Health Inc reported $6,818 in plan administrative expenses for 2022: 2.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,357 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.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Utah (831st of 848), and 2,180th of 2,199 in information & media. In 2022, employees put in $3.17 for every $1.00 the employer contributed.
Cortex Health Inc's 2022 employer contribution ran above the $331 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 823448828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.