Plan Ledger DOL Form 5500 · updated monthly

Health Advocates, LLC401(k)

HEALTH ADVOCATES 401(K) PLAN · CHATSWORTH, CA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Health Advocates, LLC reported $35,316 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $569 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 rose from 0.04% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 4,336th-largest of 9,483 plans among California employers on file, and 6,489th of 11,654 in professional & technical services. In 2024, employees put in $8.21 for every $1.00 the employer contributed; active participation has grown from 148 to 190 since 2022.

Plan summary
Net assets, end of year$15,360,120
Participants with balances173
Active participants190
Employer contributions$108,145
Employee contributions$888,159
Employer contribution per active participant$569
Average account balance$88,787
Benefits paid to participants$1,204,439
Plan auditUnmodified (clean) audit opinion
AuditorDAVID BUCK, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 173 accts · $108K emplr
2023$13.4M · 171 accts · $106K emplr
2022$11.5M · 161 accts · $112K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,035
Investment management$14,281
Total administrative$35,316
The Health Advocates, LLC 401(k) match · 2024
Employer contribution per active participant$569
Median for plans this size$2,416
2024$569 per active participant
2023$689 per active participant
2022$754 per active participant

Health Advocates, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,035
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$13,520

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$35,316 · 0.25%
2023$26,264 · 0.21%
2022$5,152 · 0.04%
Same employer
Similar plansProfessional & Technical Services · California
The Third Floor, Inc. CA$15.5M · 0.70%
Ambrx, Inc. CA$15.5M · 0.33%
Applied Minds, LLC CA$15.4M · 0.20%
Lance, Soll & Lunghard, LLP CA$15.3M · 0.45%
Erasca, Inc. CA$15.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680587145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.