Plan Ledger DOL Form 5500 · updated monthly

Ivxpress, Inc. dba Ivx Health401(k)

IVX HEALTH 401(K) PLAN · BRENTWOOD, TN · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Ivxpress, Inc. dba Ivx Health reported $84,622 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,793 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 fell from 0.72% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 602nd-largest of 1,496 plans among Tennessee employers on file, and the 4,021st of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 343 to 568 since 2022.

Plan summary
Net assets, end of year$17,731,423
Participants with balances698
Active participants568
Employer contributions$1,586,697
Employee contributions$3,044,097
Employer contribution per active participant$2,793
Average account balance$25,403
Benefits paid to participants$1,245,481
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 698 accts · $1.6M emplr
2023$11.8M · 565 accts · $1.3M emplr
2022$6.9M · 394 accts · $894K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,622
Total administrative$84,622
The Ivxpress, Inc. dba Ivx Health 401(k) match · 2024
Employer contribution per active participant$2,793
Median for plans this size$2,416
2024$2,793 per active participant
2023$2,696 per active participant
2022$2,607 per active participant

Ivxpress, Inc. dba Ivx Health's 2024 employer contribution ran above the $2,416 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 · 20243
MERRILL LYNCH RETIREMENT · Investment advisory (plan)$82,402
FUTUREPLAN ASCENSUS · Contract administrator$7,625
ASCENSUS LLC · Contract administrator$6,255

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$84,622 · 0.57%
2023$51,506 · 0.55%
2022$43,890 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Sees Group, LLC TN$18.7M · 0.54%
Caris Healthcare, LP TN$18.2M · 0.63%
Lifelinc Corporation TN$18.1M · 1.65%
Laughlin Memorial Hospital TN$16.2M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461432420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.