Plan Ledger DOL Form 5500 · updated monthly

Youable Emotional Health401(k)

YOUABLE EMOTIONAL HEALTH 401(K) PLAN · RICHFIELD, MN · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Youable Emotional Health reported $37,218 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,147 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 2 years on file its reported administrative ratio fell from 0.94% to 0.85%. 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 Minnesota (1,626th of 1,918), and 8,208th of 11,911 in health care & social assistance. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has shrunk from 137 to 78 since 2022.

Plan summary
Net assets, end of year$4,520,242
Participants with balances225
Active participants78
Employer contributions$89,450
Employee contributions$133,968
Employer contribution per active participant$1,147
Average account balance$20,090
Benefits paid to participants$492,221
Plan auditUnmodified (clean) audit opinion
AuditorCARPENTER/EVERT
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 225 accts · $89K emplr
2023$4.2M · 232 accts · $109K emplr
2022$3.8M · 286 accts · $146K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,799
Total administrative$37,218
The Youable Emotional Health 401(k) match · 2024
Employer contribution per active participant$1,147
Median for plans this size$1,313
2024$1,147 per active participant
2023$1,573 per active participant
2022$1,064 per active participant

Youable Emotional Health's 2024 employer contribution ran below the $1,313 median for plans its size. 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 · 20242
BREMER BANK NATIONAL ASSOCIATION$13,419

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

Administrative cost history3
2024$37,218 · 0.85%
2023$39,381 · 0.98%
2022$41,512 · 0.94%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Jeremiah Program MN$4.6M · 0.38%
The Family Partnership MN$4.5M · 0.83%
Ah Junction, Inc. MN$4.5M · 1.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410962511 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.