Plan Ledger DOL Form 5500 · updated monthly

Found Health Inc.401(k)

FOUND HEALTH INC. 401(K) · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

Found Health Inc. reported $2,660 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. 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 0.10%. 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 Texas (4,627th of 5,688), and 9,364th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,852,872
Participants with balances93
Active participants104
Employer contributions—
Employee contributions$911,969
Employer contribution per active participant—
Average account balance$30,676
Benefits paid to participants$799,350
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 93 accts
2023$2.3M · 115 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,660
Total administrative$2,660
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,660

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$2,660 · 0.10%
2023$1,587 · 0.07%
Similar plansHealth Care & Social Assistance · Texas
The Helper Bees, Inc. TX$3.0M · 1.00%
Gryphon Healthcare, LLC TX$2.9M · 0.67%
Aranscia, LLC TX$2.8M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 834554037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.