Plan Ledger DOL Form 5500 · updated monthly

Lifestance Health, Inc.401(k)

LIFESTANCE HEALTH 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Lifestance Health, Inc. reported $152,148 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $1,707 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 0.15% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 55th-largest of 1,285 plans among Arizona employers on file, and the 573rd of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 8,081 to 10,486 since 2022.

Plan summary
Net assets, end of year$295,384,799
Participants with balances10,874
Active participants10,486
Employer contributions$17,904,376
Employee contributions$49,845,983
Employer contribution per active participant$1,707
Average account balance$27,164
Benefits paid to participants$29,163,942
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$295.4M · 10,874 accts · $17.9M emplr
2023$214.4M · 10,651 accts · $15.4M emplr
2022$138.5M · 8,376 accts · $10.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$139,534
Investment management$12,614
Total administrative$152,148
The Lifestance Health, Inc. 401(k) match · 2024
Employer contribution per active participant$1,707
Median for plans this size$4,294
2024$1,707 per active participant
2023$1,713 per active participant
2022$1,323 per active participant

Lifestance Health, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$139,534
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,614

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$152,148 · 0.06%
2023$140,250 · 0.08%
2022$194,501 · 0.15%
Same employer
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Snell & Wilmer L.L.P. AZ$587.6M · 0.03%
Carollo Engineers, Inc. AZ$398.2M · 0.04%
Tandem Management, LLC AZ$309.9M · 0.42%
Fennemore Craig P.C. AZ$265.8M · 0.10%
Rincon Research Corporation AZ$161.5M · 0.06%
Russell Sigler, Inc. AZ$120.2M · 0.15%
Swca, Incorporated AZ$110.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475361406 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.