Plan Ledger DOL Form 5500 · updated monthly

Omada Health, Inc.401(k)

OMADA HEALTH RETIREMENT PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Omada Health, Inc. reported $84,724 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. 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 2 years on file its reported administrative ratio fell from 0.37% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,895th-largest of 9,483 plans among California employers on file, and the 2,954th of 11,654 in professional & technical services. active participation has grown from 682 to 795 since 2022.

Plan summary
Net assets, end of year$45,790,749
Participants with balances842
Active participants795
Employer contributions$0
Employee contributions$8,108,041
Employer contribution per active participant$0
Average account balance$54,383
Benefits paid to participants$1,886,407
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.8M · 842 accts
2023$32.0M · 615 accts · $44 emplr
2022$22.1M · 589 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,068
Investment management$17,656
Total administrative$84,724
The Omada Health, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Omada Health, Inc.'s 2024 employer contribution ran below the $2,416 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$67,068
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,656

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$84,724 · 0.22%
2023$76,292 · 0.28%
2022$82,114 · 0.37%
Same employer
Similar plansProfessional & Technical Services · California
Insight Investments Corp. CA$46.9M · 0.22%
Watg Holdings, Inc. CA$46.9M · 0.35%
Geron Corporation CA$46.3M · 0.16%
Complete Genomics Inc. CA$45.5M · 0.09%
Wpromote, LLC CA$45.5M · 0.57%
Csg Consultants, Inc. CA$45.4M · 0.22%
Poseida Therapeutics, Inc. CA$45.1M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452355015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.