Plan Ledger DOL Form 5500 · updated monthly

Modivcare Solutions, LLC401(k)

MODIVCARE SOLUTIONS, LLC RETIREMENT PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Modivcare Solutions, LLC reported $250,909 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,050 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 0.55% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 148th-largest of 1,461 plans among Colorado employers on file, and the 1,216th of 11,911 in health care & social assistance. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 3,465 to 3,926 since 2022.

Plan summary
Net assets, end of year$86,833,703
Participants with balances3,076
Active participants3,926
Employer contributions$8,049,943
Employee contributions$10,639,755
Employer contribution per active participant$2,050
Average account balance$28,229
Benefits paid to participants$12,592,556
Plan auditUnmodified (clean) audit opinion
AuditorRODEFER MOSS & CO PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$86.8M · 3,076 accts · $8.0M emplr
2023$64.6M · 3,416 accts · $7.2M emplr
2022$47.0M · 4,171 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$210,517
Investment management$40,392
Total administrative$250,909
The Modivcare Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$2,050
Median for plans this size$3,635
2024$2,050 per active participant
2023$2,223 per active participant
2022$1,752 per active participant

Modivcare Solutions, LLC's 2024 employer contribution ran below the $3,635 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
ADP, INC. · Loan processing · Recordkeeping$223,409
CBIZ INVESTMENT ADVISORY SERVICES, · Recordkeeping · Trustee$27,500

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

Recordkeeper by year2
2024ADP, CBIZ INVESTMENT ADVISORY SERVICES,
2023ADP

This plan has changed recordkeepers within these filings. If you left Modivcare Solutions, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$250,909 · 0.33%
2023$226,358 · 0.41%
2022$247,939 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Eating Recovery Center LLC CO$85.8M · 0.32%
Healthpeak Properties, Inc. CO$81.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582491253 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.