Plan Ledger DOL Form 5500 · updated monthly

Fair Health, Inc.401(k)

FAIR HEALTH, INC. 401(K) PROFIT SHARING PLAN AND TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Fair Health, Inc. reported $69,105 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $5,649 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 2,438th-largest of 5,648 plans among New York employers on file, and the 995th of 2,199 in information & media. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,271,738
Participants with balances132
Active participants111
Employer contributions$627,058
Employee contributions$1,728,073
Employer contribution per active participant$5,649
Average account balance$161,150
Benefits paid to participants$1,842,533
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,968
Investment management$39,137
Total administrative$69,105
The Fair Health, Inc. 401(k) match · 2024
Employer contribution per active participant$5,649
Median for plans this size$2,416

Fair Health, Inc.'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 · 20243
WILMINGTON TRUST, NATIONAL ASSOCIAT · Investment advisory (plan)$39,134
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$29,968
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$69,105 · 0.35%
Same employer
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Fwd Media Inc NY$21.8M · 0.60%
The Lifetime Value Co. LLC NY$20.7M · 0.01%
Barstool Sports Inc. NY$20.2M · 0.37%
Clinicalmind, LLC NY$18.8M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900524293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.