Plan Ledger DOL Form 5500 · updated monthly

Dap Health401(k)

DESERT AIDS PROJECT 401(K) PLAN · PALM SPRINGS, CA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Dap Health reported $125,949 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,484 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 fell from 0.78% to 0.67%. 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 3,344th-largest of 9,483 plans among California employers on file, and the 3,390th of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 248 to 838 since 2022.

Plan summary
Net assets, end of year$22,495,379
Participants with balances927
Active participants838
Employer contributions$2,919,668
Employee contributions$3,854,589
Employer contribution per active participant$3,484
Average account balance$24,267
Benefits paid to participants$2,687,065
Plan auditUnmodified (clean) audit opinion
AuditorCOACHELLA VALLEY ACCOUNTING & AUDIT
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 927 accts · $2.9M emplr
2023$15.2M · 795 accts · $1.6M emplr
2022$9.0M · 283 accts · $772K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$55,365
Investment management$58,584
Audit (IQPA)$12,000
Total administrative$125,949
The Dap Health 401(k) match · 2024
Employer contribution per active participant$3,484
Median for plans this size$2,416
2024$3,484 per active participant
2023$2,027 per active participant
2022$3,113 per active participant

Dap Health's 2024 employer contribution ran above the $2,416 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$58,584
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$55,365
COACHELLA VALLEY ACCOUNTING & AUDI · Accounting / audit$12,000

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$125,949 · 0.67%
2023$63,147 · 0.52%
2022$74,744 · 0.78%
Same employer
Similar plansHealth Care & Social Assistance · California
Crystal Stairs, Inc. CA$22.6M · 0.58%
The Binding Site, Inc. CA$22.6M · 0.05%
Direct Relief CA$22.4M · 0.10%
Camarena Health CA$22.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330068583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.