Plan Ledger DOL Form 5500 · updated monthly

Equip Health Inc.401(k)

EQUIP HEALTH 401(K) PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Equip Health Inc. reported $15,185 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.07% to 0.22%. 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 California (5,715th of 9,483), and 6,037th of 11,911 in health care & social assistance. In 2024, employees put in $445499.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,072,863
Participants with balances530
Active participants531
Employer contributions$7
Employee contributions$3,118,493
Employer contribution per active participant$0
Average account balance$17,119
Benefits paid to participants$682,516
Plan auditUnmodified (clean) audit opinion
AuditorMEIHAS CPA, PC
Plan history2
Yearassets · accounts · employer contribution
2024$9.1M · 530 accts · $7 emplr
2023$5.0M · 412 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$586
Investment management$14,599
Total administrative$15,185
The Equip Health Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Equip Health Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$13,996
EMPOWER ADVISORY GROUP, LLC · Investment management$603

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

Administrative cost history2
2024$15,185 · 0.22%
2023$3,303 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · California
Tallis, LLC CA$9.2M · 1.08%
Mact Health Board, Inc. CA$9.1M · 0.63%
Hinds Hospice CA$9.0M · 0.81%
Total Vision LLC CA$9.0M · 0.70%
Masada Homes CA$9.0M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843571900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.