Plan Ledger DOL Form 5500 · updated monthly

Octave Health Group Inc.401(k)

OCTAVE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Octave Health Group Inc. reported $9,908 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 0.24% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,459th of 9,483), and 7,054th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,610,321
Participants with balances321
Active participants211
Employer contributions$0
Employee contributions$1,938,332
Employer contribution per active participant$0
Average account balance$20,593
Benefits paid to participants$813,052
Plan auditUnmodified (clean) audit opinion
AuditorBAKER TILLYUS,LLP
Plan history2
Yearassets · accounts · employer contribution
2024$6.6M · 321 accts
2023$3.6M · 287 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,908
Total administrative$9,908
The Octave Health Group Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Octave Health Group Inc.'s 2024 employer contribution ran below the $1,313 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$9,908

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

Administrative cost history2
2024$9,908 · 0.19%
2023$6,536 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · California
Alastin Skincare, Inc. CA$6.7M · 0.02%
D'Veal Corporation CA$6.6M · 0.02%
Mdrs Holdings, Inc. CA$6.6M · 1.03%
The Whole Child CA$6.6M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825244890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.