Plan Ledger DOL Form 5500 · updated monthly

The Beauty Health Company401(k)

THE BEAUTY HEALTH 401(K) PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

The Beauty Health Company reported $52,707 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $7,687 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 0.47% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,631st-largest of 9,483 plans among California employers on file, and the 4,094th of 11,654 in professional & technical services. In 2024, employees put in $1.03 for every $1.00 the employer contributed; active participation has shrunk from 588 to 460 since 2022.

Plan summary
Net assets, end of year$30,714,051
Participants with balances570
Active participants460
Employer contributions$3,536,048
Employee contributions$3,658,017
Employer contribution per active participant$7,687
Average account balance$53,884
Benefits paid to participants$4,302,390
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.7M · 570 accts · $3.5M emplr
2023$22.9M · 611 accts · $1.7M emplr
2022$14.8M · 567 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,707
Total administrative$52,707
The The Beauty Health Company 401(k) match · 2024
Employer contribution per active participant$7,687
Median for plans this size$2,416
2024$7,687 per active participant
2023$3,348 per active participant
2022$1,932 per active participant

The Beauty Health Company's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$52,707

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$52,707 · 0.20%
2023$6,952 · 0.04%
2022$66,019 · 0.47%
Same employer
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Jobot, LLC CA$30.8M · 0.28%
Rpx Corporation CA$30.8M · 0.12%
Planetart, LLC CA$30.8M · 0.26%
Innopeak Technology, Inc. CA$30.8M · 0.28%
Mixpanel CA$30.6M · 0.31%
Ise Labs, Inc. CA$30.4M · 0.02%
Phoenix Technologies, Inc. CA$30.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330774920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.