Plan Ledger DOL Form 5500 · updated monthly

Corvel Healthcare Corporation401(k)

CORVEL INCENTIVE SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Corvel Healthcare Corporation reported $84,832 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $285 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 rose from 0.030% to 0.034%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 38th-largest of 1,021 plans among Oregon employers on file, and the 470th of 4,798 in finance & insurance. In 2024, employees put in $16.99 for every $1.00 the employer contributed; active participation has grown from 4,391 to 5,290 since 2022.

Plan summary
Net assets, end of year$275,960,435
Participants with balances5,646
Active participants5,290
Employer contributions$1,507,199
Employee contributions$25,608,640
Employer contribution per active participant$285
Average account balance$48,877
Benefits paid to participants$25,801,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$276.0M · 5,646 accts · $1.5M emplr
2023$227.7M · 5,064 accts · $1.5M emplr
2022$179.2M · 4,816 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,628
Investment management$34,204
Total administrative$84,832
The Corvel Healthcare Corporation 401(k) match · 2024
Employer contribution per active participant$285
Median for plans this size$4,294
2024$285 per active participant
2023$360 per active participant
2022$249 per active participant

Corvel Healthcare Corporation's 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,628
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$34,204

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$84,832 · 0.03%
2023$78,882 · 0.04%
2022$58,248 · 0.03%
Similar plansFinance & Insurance · Oregon
Careoregon, Inc. OR$218.3M · 0.15%
Moda Partners, Inc. OR$209.0M · 0.15%
Pacificsource OR$183.9M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 953382819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.