What are the fees in the Life Incorporated 401(k) plan?

For plan year 2022, Life Incorporated reported $4,866 in plan administrative expenses, or 1.28% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Life Incorporated 401(k) match?

In 2022, employer contributions to the Life Incorporated plan averaged $406 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Life Incorporated 401(k)?

The average participant account balance was $10,100 for plan year 2022, based on 41 accounts.

Life Incorporated401(k)

Name: Life Incorporated 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

LIFE 401(K) PLAN · BOISE, ID · plan year 2022

Reported admin expense ratio · 2022

1.28%

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

Life Incorporated reported $4,866 in plan administrative expenses for 2022: 1.28% of average plan assets, above the peer median. Employer contributions averaged $406 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Idaho (338th of 349), and 11,445th of 11,911 in health care & social assistance. In 2022, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$414,080
Participants with balances41
Active participants153
Employer contributions$62,105
Employee contributions$87,933
Employer contribution per active participant$406
Average account balance$10,100
Benefits paid to participants$13,848
Plan auditUnmodified (clean) audit opinion
AuditorBODINE-PERRY, LLC

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$3,145

Investment management$1,721

Total administrative$4,866

The Life Incorporated 401(k) match · 2022

Employer contribution per active participant$406

Median for plans this size$331

Life Incorporated's 2022 employer contribution ran above the $331 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$4,866 · 1.28%

Similar plansHealth Care & Social Assistance · Idaho
Development Workshop, Inc. ID$1.7M · 1.50%
Eastern Idaho Community Action Partnership, Inc. ID$1.5M · 1.09%
Tanabell Health Services, Inc. ID$1.2M · 0.59%
Full Life Hospice A/K/A Oklahoma Hospice Care LLC ID$741K · 0.44%
H.A.S. Inc. ID$377K · 1.54%
Bluejacket Enterprise ID$175K · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820513681 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.