Optumcare Management, LLC401(k)
OPTUMCARE MANAGEMENT, LLC 401(K) RETIREMENT SAVINGS PLAN · MINNETONKA, MN · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Optumcare Management, LLC reported $366,539 in plan administrative expenses for 2022: 0.03% of average plan assets, below the peer median. Employer contributions averaged $1,434 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 over $1B size bracket, benchmarked here against 1,066 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 40th-largest of 1,918 plans among Minnesota employers on file, and the 173rd of 11,911 in health care & social assistance. In 2022, employees put in $4.44 for every $1.00 the employer contributed.
Optumcare Management, LLC's 2022 employer contribution ran below the $4,897 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 954509662 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.