Plan Ledger DOL Form 5500 · updated monthly

Eleanor Health Inc401(k)

ELEANOR HEALTH INC 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Eleanor Health Inc reported $9,686 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $3,257 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,453rd of 2,726), and 8,972nd of 11,911 in health care & social assistance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,398,091
Participants with balances190
Active participants138
Employer contributions$449,499
Employee contributions$808,315
Employer contribution per active participant$3,257
Average account balance$17,885
Benefits paid to participants$612,496
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,727
Investment management$3,959
Total administrative$9,686
The Eleanor Health Inc 401(k) match · 2024
Employer contribution per active participant$3,257
Median for plans this size$1,313

Eleanor Health Inc's 2024 employer contribution ran above the $1,313 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
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$9,686

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

Administrative cost history1
2024$9,686 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Duffy Health Center, Inc. MA$3.6M · 0.71%
Crystal Springs, Inc. MA$3.5M · 0.70%
Bane Quality Care, LLC MA$3.4M · 0.81%
Bass River, Inc. MA$3.3M · 1.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834212914 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.