Plan Ledger DOL Form 5500 · updated monthly

Option Care Health, Inc.401(k)

OPTION CARE HEALTH 401(K) PLAN · BANNOCKBURN, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Option Care Health, Inc. reported $502,289 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,664 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 0.14% to 0.13%. 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 184th-largest of 3,702 plans among Illinois employers on file, and the 381st of 11,911 in health care & social assistance. In 2024, employees put in $2.35 for every $1.00 the employer contributed; active participation has grown from 6,134 to 7,984 since 2022.

Plan summary
Net assets, end of year$412,649,764
Participants with balances6,194
Active participants7,984
Employer contributions$13,286,636
Employee contributions$31,160,916
Employer contribution per active participant$1,664
Average account balance$66,621
Benefits paid to participants$41,046,798
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$412.6M · 6,194 accts · $13.3M emplr
2023$353.4M · 6,037 accts · $12.1M emplr
2022$292.7M · 5,841 accts · $11.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$456,396
Investment management$44,993
Total administrative$502,289
The Option Care Health, Inc. 401(k) match · 2024
Employer contribution per active participant$1,664
Median for plans this size$4,294
2024$1,664 per active participant
2023$1,541 per active participant
2022$1,926 per active participant

Option Care Health, Inc.'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
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$44,993
QDRO CONSULTANTS CO LLC$900

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$502,289 · 0.13%
2023$462,360 · 0.14%
2022$436,022 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Springfield Clinic, LLP IL$516.7M · 0.07%
Athletico, LTD. IL$410.3M · 0.11%
Blessing Corporate Services IL$380.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680208702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.