Plan Ledger DOL Form 5500 · updated monthly

Gohealth Holdings, LLC401(k)

GOHEALTH 401(K) PROFIT SHARING PLAN AND TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Gohealth Holdings, LLC reported $213,079 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,045 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 3 years on file its reported administrative ratio has held roughly steady near 0.478%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 929th-largest of 3,702 plans among Illinois employers on file, and the 1,688th of 4,798 in finance & insurance. In 2024, employees put in $3.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,284,576
Participants with balances2,583
Active participants2,147
Employer contributions$2,243,056
Employee contributions$8,481,725
Employer contribution per active participant$1,045
Average account balance$19,080
Benefits paid to participants$7,649,810
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$49.3M · 2,583 accts · $2.2M emplr
2023$39.8M · 2,656 accts · $1.5M emplr
2022$31.1M · 3,018 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$117,763
Investment management$64,316
Audit (IQPA)$31,000
Total administrative$213,079
The Gohealth Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$2,416
2024$1,045 per active participant
2023$626 per active participant
2022$1,407 per active participant

Gohealth Holdings, LLC's 2024 employer contribution ran below the $2,416 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 · 20245
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$117,763
CAPITAL STRATEGIES INVESTMENT GROUP$33,333
ERNST & YOUNG$31,000
BAKER TILLY US, LLP$24,008
FINWAY GROUP$7,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$213,079 · 0.48%
2023$208,731 · 0.59%
2022$144,770 · 0.48%
Similar plansFinance & Insurance · Illinois
Insperex Holdings LLC IL$50.0M · 0.08%
Pma Financial Network, LLC IL$49.9M · 0.01%
Empeople Credit Union IL$49.9M · 0.24%
The Federal Savings Bank IL$48.8M · 0.46%
Xr Trading LLC IL$48.6M · 0.34%
The Horton Group, Inc. IL$48.2M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850563805 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.