Plan Ledger DOL Form 5500 · updated monthly

Nomi Health Inc.401(k)

NOMI HEALTH 401(K) PLAN · OREM, UT · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Nomi Health Inc. reported $120,121 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,804 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 $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 279th-largest of 848 plans among Utah employers on file, and the 3,394th of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,429,574
Participants with balances515
Active participants344
Employer contributions$1,652,529
Employee contributions$3,369,150
Employer contribution per active participant$4,804
Average account balance$43,553
Benefits paid to participants$3,406,168
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,616
Investment management$58,505
Total administrative$120,121
The Nomi Health Inc. 401(k) match · 2024
Employer contribution per active participant$4,804
Median for plans this size$2,416

Nomi Health Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$50,006
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$8,499

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

Administrative cost history1
2024$120,121 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Utah
Alpine Pediatrics, P.C. UT$26.2M · 0.19%
Independence Rehab, LLC UT$22.7M · 1.32%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 841905194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.