Plan Ledger DOL Form 5500 · updated monthly

Healthwise Incorporated401(k)

HEALTHWISE INCORPORATED 401(K) PLAN · BOISE, ID · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Healthwise Incorporated reported $90,609 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $7,955 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 0.12% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other information & media employers. By assets it is the 35th-largest of 349 plans among Idaho employers on file, and the 400th of 2,199 in information & media. In 2023, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,870,474
Participants with balances361
Active participants273
Employer contributions$2,171,659
Employee contributions$3,485,484
Employer contribution per active participant$7,955
Average account balance$196,317
Benefits paid to participants$2,924,828
Plan auditUnmodified (clean) audit opinion
AuditorHARRIS CPAS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$47.1M · 222 accts · $1.0M emplr
2023$70.9M · 361 accts · $2.2M emplr
2022$57.6M · 373 accts · $2.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$50,609
Investment management$40,000
Total administrative$90,609
The Healthwise Incorporated 401(k) match · 2023
Employer contribution per active participant$7,955
Median for plans this size$3,659
2024$127,188 per active participant
2023$7,955 per active participant
2022$6,934 per active participant

Healthwise Incorporated's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NFP RETIREMENT INC · Investment advisory (plan)$40,000

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$98,102 · 0.17%
2023$90,609 · 0.14%
2022$74,593 · 0.12%
Same employer
Similar plansInformation & Media · Idaho
Edifecs Inc WA$72.2M · 0.12%
Sprinklr, Inc. NY$71.8M · 0.38%
Alegeus Technologies, LLC MA$71.2M · 0.19%
T-Mobile Puerto Rico LLC WA$70.8M · 0.08%
Data Center, Inc. KS$70.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237455145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.