Plan Ledger DOL Form 5500 · updated monthly

Couve Healthcare Consulting, LLC401(k)

EMPRES HEALTHCARE 401(K) PLAN · LAKEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
1.40%

Couve Healthcare Consulting, LLC reported $227,710 in plan administrative expenses for 2024: 1.40% of average plan assets, higher than ~90% of peers. 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 1 year on file its reported administrative ratio rose from 0.51% to 1.40%. 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 1,103rd-largest of 2,419 plans among New Jersey employers on file, and the 3,842nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$18,899,857
Participants with balances2,335
Active participants2,761
Employer contributions—
Employee contributions$6,476,113
Employer contribution per active participant—
Average account balance$8,094
Benefits paid to participants$3,334,606
Plan auditUnmodified (clean) audit opinion
AuditorR. NEUHAUS & ASSOCIATES, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$18.9M · 2,335 accts
2023$13.6M · 1,969 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$227,710
Total administrative$227,710
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 · Loan processing$227,710
NORTHWEST CAPITAL MANAGEMENT INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history2
2024$227,710 · 1.40%
2023$69,620 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Jewish Home Family, Inc. NJ$19.8M · 0.42%
Caring, Inc. NJ$19.2M · 0.07%
Bcd Health Partners, LLC NJ$17.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922024801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.