Plan Ledger DOL Form 5500 · updated monthly

Health Gorilla Inc.401(k)

HEALTH GORILLA INC 401(K) PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Health Gorilla Inc. reported $18,913 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $3,884 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 1 year on file its reported administrative ratio rose from 0.35% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Florida (2,712th of 3,644), and 1,976th of 2,199 in information & media. In 2024, employees put in $4.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,898,139
Participants with balances92
Active participants53
Employer contributions$205,865
Employee contributions$828,754
Employer contribution per active participant$3,884
Average account balance$42,371
Benefits paid to participants$1,620,717
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.9M · 92 accts · $206K emplr
2023$3.5M · 131 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,513
Audit (IQPA)$4,400
Total administrative$18,913
The Health Gorilla Inc. 401(k) match · 2024
Employer contribution per active participant$3,884
Median for plans this size$1,313
2024$3,884 per active participant
2023$3,491 per active participant

Health Gorilla Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,513

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$18,913 · 0.51%
2023$9,168 · 0.35%
Same employer
Similar plansInformation & Media · Florida
Planhub, Inc FL$4.3M · 0.88%
Castalia Systems, LLC FL$4.3M · 0.78%
Insite Capital LLC FL$2.8M · 1.24%
The Recon Group LLP FL$2.5M · 1.66%
Transworld Network Corp. FL$2.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453916239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.