Plan Ledger DOL Form 5500 · updated monthly

Healthflex Home Health Services401(k)

HEALTHFLEX 401(K) PLAN · OAKLAND, CA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Healthflex Home Health Services reported $37,326 in plan administrative expenses for 2024: 0.83% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,474 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 0.52% to 0.83%. 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 California (6,803rd of 9,483), and 7,569th of 11,911 in health care & social assistance. In 2024, employees put in $2.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,621,995
Participants with balances159
Active participants300
Employer contributions$442,294
Employee contributions$1,180,914
Employer contribution per active participant$1,474
Average account balance$35,358
Benefits paid to participants$87,901
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.6M · 159 accts · $442K emplr
2022$2.0M · 84 accts · $277K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,940
Total administrative$37,326
The Healthflex Home Health Services 401(k) match · 2024
Employer contribution per active participant$1,474
Median for plans this size$1,313
2024$1,474 per active participant
2022$1,305 per active participant

Healthflex Home Health Services's 2024 employer contribution ran above 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
CREATIVE PLANNING, LLC · Consulting$25,386
EPIC RETIREMENT PLAN SERVICES$11,940

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$37,326 · 0.83%
2022$8,660 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · California
L.A. Family Housing Corp. CA$5.7M · 1.43%
Project Open Hand CA$5.7M · 0.04%
Side by Side CA$5.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371701693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.