Plan Ledger DOL Form 5500 · updated monthly

Lifemoves401(k)

LIFEMOVES 401(K) PLAN · SANTA CLARA, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Lifemoves reported $22,733 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $1,130 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 0.24% to 0.21%. 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 among the smaller plans on file in California (5,043rd of 9,483), and the 5,241st of 11,911 in health care & social assistance. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 353 to 428 since 2022.

Plan summary
Net assets, end of year$11,685,628
Participants with balances487
Active participants428
Employer contributions$483,489
Employee contributions$1,634,756
Employer contribution per active participant$1,130
Average account balance$23,995
Benefits paid to participants$1,767,206
Plan auditUnmodified (clean) audit opinion
AuditorHOOD&STRONG
Plan history3
Yearassets · accounts · employer contribution
2024$11.7M · 487 accts · $483K emplr
2023$9.9M · 458 accts · $438K emplr
2022$7.4M · 417 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,746
Investment management$2,987
Total administrative$22,733
The Lifemoves 401(k) match · 2024
Employer contribution per active participant$1,130
Median for plans this size$2,416
2024$1,130 per active participant
2023$1,128 per active participant
2022$1,078 per active participant

Lifemoves's 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,746

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$22,733 · 0.21%
2023$20,977 · 0.24%
2022$18,381 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · California
Red Oaks Medical Group CA$11.8M · 0.91%
Westmont Living, Inc. CA$11.7M · 1.54%
Camino Health Center CA$11.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770160469 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.