Plan Ledger DOL Form 5500 · updated monthly

Onesmile, LLC401(k)

ONESMILE 401(K) PLAN AND TRUST · COSTA MESA, CA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Onesmile, LLC reported $526,243 in plan administrative expenses for 2024: 0.16% of average plan assets, higher 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 2 years on file its reported administrative ratio rose from 0.13% to 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 363rd-largest of 9,483 plans among California employers on file, and the 435th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$348,698,440
Participants with balances8,798
Active participants6,708
Employer contributions$0
Employee contributions$31,538,920
Employer contribution per active participant$0
Average account balance$39,634
Benefits paid to participants$34,565,911
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$348.7M · 8,798 accts
2023$304.5M · 8,525 accts · $262K emplr
2022$251.4M · 8,805 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$441,720
Audit (IQPA)$24,500
Total administrative$526,243
The Onesmile, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294
2023$43 per active participant
2022$501 per active participant

Onesmile, LLC's 2024 employer contribution ran below the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$442,310
SAGEVIEW ADVISORY GR · Consulting$60,000
WRIGHT FORD YOUNG & CO. · Accounting / audit$24,500

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$526,243 · 0.16%
2023$563,790 · 0.20%
2022$346,054 · 0.13%
Similar plansHealth Care & Social Assistance · California
Ensign Services, Inc. CA$373.8M · 0.25%
Apria Healthcare Group Inc. CA$349.8M · 0.07%
1LIFE Healthcare, Inc. CA$307.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 473808383 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.