Plan Ledger DOL Form 5500 · updated monthly

Direct Urgent Care, Inc. dba Carbon Health401(k)

CARBON HEALTH 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Direct Urgent Care, Inc. dba Carbon Health reported $182,044 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $804 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 0.31% to 0.45%. 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 2,050th-largest of 9,483 plans among California employers on file, and the 2,149th of 11,911 in health care & social assistance. In 2024, employees put in $5.47 for every $1.00 the employer contributed; active participation has shrunk from 2,437 to 1,296 since 2022.

Plan summary
Net assets, end of year$42,076,217
Participants with balances2,362
Active participants1,296
Employer contributions$1,042,487
Employee contributions$5,704,485
Employer contribution per active participant$804
Average account balance$17,814
Benefits paid to participants$10,681,722
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$42.1M · 2,362 accts · $1.0M emplr
2023$39.4M · 2,070 accts
2022$28.8M · 1,732 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,545
Trustee / custodial$22,499
Total administrative$182,044
The Direct Urgent Care, Inc. dba Carbon Health 401(k) match · 2024
Employer contribution per active participant$804
Median for plans this size$2,416
2024$804 per active participant
2022$2,015 per active participant

Direct Urgent Care, Inc. dba Carbon Health's 2024 employer contribution ran below the $2,416 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
LEADING RETIREMENT SOLUTIONS · Contract administrator · Recordkeeping$159,545
MID ATLANTIC TRUST COMPANY · Custodial (securities)$22,499

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024LEADING RETIREMENT SOLUTIONS
2023LEADING RETIREMENT SOLUTIONS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$182,044 · 0.45%
2023$149,658 · 0.44%
2022$73,632 · 0.31%
Similar plansHealth Care & Social Assistance · California
Tbh Management, LLC CA$43.2M · 0.28%
Chinese Hospital CA$43.0M · 0.01%
Western Health Advantage CA$42.2M · 0.02%
Vista Community Clinic CA$41.9M · 0.19%
American Health Care CA$41.2M · 0.43%
Younger Mfg. Co. CA$41.2M · 0.19%
Beverly Hospital CA$41.0M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454298417 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.