Plan Ledger DOL Form 5500 · updated monthly

Healthcomp, LLC401(k)

HEALTHCOMP, LLC RETIREMENT PLAN · FRESNO, CA · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Healthcomp, LLC reported $163,846 in plan administrative expenses for 2023: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $906 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 0.15% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,733rd-largest of 9,483 plans among California employers on file, and the 1,634th of 4,798 in finance & insurance. In 2023, employees put in $2.99 for every $1.00 the employer contributed; active participation has grown from 483 to 1,268 since 2022.

Plan summary
Net assets, end of year$51,253,195
Participants with balances1,065
Active participants1,268
Employer contributions$1,148,916
Employee contributions$3,435,744
Employer contribution per active participant$906
Average account balance$48,125
Benefits paid to participants$8,760,425
Plan auditUnmodified (clean) audit opinion
AuditorHALLOWELL 401K ASSURANCE
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.1M emplr
2023$51.3M · 1,065 accts · $1.1M emplr
2022$8.5M · 360 accts · $154K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,474
Investment management$80,372
Total administrative$163,846
The Healthcomp, LLC 401(k) match · 2023
Employer contribution per active participant$906
Median for plans this size$2,440
2023$906 per active participant
2022$319 per active participant

Healthcomp, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$83,174
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$80,349

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

Administrative cost history3
2024Not separately reported
2023$163,846 · 0.55%
2022$13,874 · 0.15%
Same employer
Similar plansFinance & Insurance · California
Beacon Pointe Advisors, LLC CA$54.0M · 0.12%
Coalition, Inc. CA$53.6M · 0.14%
Doubleline Capital LP CA$53.6M · 0.00%
Hall Capital Partners LLC CA$50.7M · 0.06%
Goodleap, LLC CA$49.2M

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Source: U.S. Department of Labor, Form 5500 series, EIN 770385729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.