Plan Ledger DOL Form 5500 · updated monthly

Knight Health Holdings LLC D/B/A Scionhealth401(k)

SCIONHEALTH 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Knight Health Holdings LLC D/B/A Scionhealth reported $1,052,447 in plan administrative expenses for 2024: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $331 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 fell from 0.10% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 6th-largest of 871 plans among Kentucky employers on file, and the 141st of 11,911 in health care & social assistance. In 2024, employees put in $10.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,316,012,841
Participants with balances23,538
Active participants22,685
Employer contributions$7,506,717
Employee contributions$76,541,347
Employer contribution per active participant$331
Average account balance$55,910
Benefits paid to participants$156,044,954
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.3B · 23,538 accts · $7.5M emplr
2023$1.2B · 24,625 accts · $7.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,052,447
Total administrative$1,052,447
The Knight Health Holdings LLC D/B/A Scionhealth 401(k) match · 2024
Employer contribution per active participant$331
Median for plans this size$5,259
2024$331 per active participant
2023$307 per active participant

Knight Health Holdings LLC D/B/A Scionhealth's 2024 employer contribution ran below the $5,259 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
T. ROWE PRICE · Loan processing · Other services$851,992
WORLD INVESTMENT ADVISORS LLC · Consulting$62,500
IRON CAPITAL ADVISORS · Consulting · Investment advisory (plan)$44,692

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$1,052,447 · 0.08%
2023$1,043,417 · 0.10%
Similar plansHealth Care & Social Assistance · Kentucky
Commonspirit Health KY$8.8B · 0.02%
Norton Healthcare, Inc. KY$2.3B · 0.08%
Kindred Healthcare LLC KY$969.3M · 0.09%
Uofl Health, Inc. KY$565.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871658585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.