Plan Ledger DOL Form 5500 · updated monthly

Cue Health Inc.401(k)

CUE 401(K) PLAN · VOORHEES, NJ · plan year 2023

Reported admin expense ratio · 2023
1.22%

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

Cue Health Inc. reported $300,589 in plan administrative expenses for 2023: 1.22% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,141 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 1.35%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 837th-largest of 2,419 plans among New Jersey employers on file, and the 4,212th of 11,654 in professional & technical services. In 2023, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 1,470 to 635 since 2022.

Plan summary
Net assets, end of year$29,646,993
Participants with balances966
Active participants635
Employer contributions$3,264,836
Employee contributions$6,742,174
Employer contribution per active participant$5,141
Average account balance$30,690
Benefits paid to participants$5,870,315
Plan auditUnmodified (clean) audit opinion
AuditorSEE ATTACHED REASONABLE CAUSE
Plan history3
Yearassets · accounts · employer contribution
2024$24.0M · 602 accts · $1.9M emplr
2023$29.6M · 966 accts · $3.3M emplr
2022$19.7M · 1,414 accts · $3.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$214,046
Investment management$82,543
Audit (IQPA)$4,000
Total administrative$300,589
The Cue Health Inc. 401(k) match · 2023
Employer contribution per active participant$5,141
Median for plans this size$2,440
2024$315,376 per active participant
2023$5,141 per active participant
2022$2,422 per active participant

Cue Health Inc.'s 2023 employer contribution ran above the $2,440 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$214,046
BURNHAM GIBSON WEALTH ADVISORS LLC · Investment advisory (plan)$68,147
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$14,397

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$360,942 · 1.35%
2023$300,589 · 1.22%
2022$171,652 · 1.30%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Thomas Lanzetta NJ$30.6M · 0.37%
Integris, LLC NJ$30.4M · 0.46%
Longbridge Financial LLC NJ$29.7M · 0.43%
Genscript USA Inc. NJ$29.5M · 0.53%
Becht Engineering Co., Inc. NJ$29.4M · 0.56%
Harwood Lloyd, LLC NJ$28.6M · 0.04%
Thermo System LLC NJ$28.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271562193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.