Plan Ledger DOL Form 5500 · updated monthly

Denova Collaborative Health401(k)

BAYLESS 401(K) · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
1.02%

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

Denova Collaborative Health reported $104,499 in plan administrative expenses for 2024: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,341 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 3 years on file its reported administrative ratio has held roughly steady near 1.02%. 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 518th-largest of 1,285 plans among Arizona employers on file, and the 5,121st of 11,911 in health care & social assistance. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has grown from 431 to 493 since 2022.

Plan summary
Net assets, end of year$12,136,486
Participants with balances556
Active participants493
Employer contributions$1,154,255
Employee contributions$2,543,934
Employer contribution per active participant$2,341
Average account balance$21,828
Benefits paid to participants$1,301,598
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 556 accts · $1.2M emplr
2023$8.3M · 632 accts · $927K emplr
2022$5.0M · 480 accts · $444K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,313
Total administrative$104,499
The Denova Collaborative Health 401(k) match · 2024
Employer contribution per active participant$2,341
Median for plans this size$2,416
2024$2,341 per active participant
2023$1,825 per active participant
2022$1,030 per active participant

Denova Collaborative Health's 2024 employer contribution ran below 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$16,013
CURAFIN ADVISORS, LLCindirect comp

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$104,499 · 1.02%
2023$54,609 · 0.82%
2022$44,231 · 0.98%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Solari, Inc. AZ$12.5M · 1.01%
La Paz Regional Hospital AZ$12.4M · 1.08%
Recovery Innovations, Inc. AZ$11.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860485904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.