Plan Ledger DOL Form 5500 · updated monthly

Oscar Management Corporation401(k)

OSCAR HEALTH 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Oscar Management Corporation reported $178,340 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,778 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 3 years on file its reported administrative ratio has held roughly steady near 0.139%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 601st-largest of 5,648 plans among New York employers on file, and the 751st of 4,798 in finance & insurance. In 2024, employees put in $4.61 for every $1.00 the employer contributed; active participation has shrunk from 2,724 to 2,405 since 2022.

Plan summary
Net assets, end of year$145,228,452
Participants with balances2,450
Active participants2,405
Employer contributions$4,275,470
Employee contributions$19,722,107
Employer contribution per active participant$1,778
Average account balance$59,277
Benefits paid to participants$14,328,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$145.2M · 2,450 accts · $4.3M emplr
2023$111.8M · 2,383 accts · $4.4M emplr
2022$73.6M · 2,405 accts · $3.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,655
Investment management$46,685
Total administrative$178,340
The Oscar Management Corporation 401(k) match · 2024
Employer contribution per active participant$1,778
Median for plans this size$3,635
2024$1,778 per active participant
2023$1,840 per active participant
2022$1,431 per active participant

Oscar Management Corporation's 2024 employer contribution ran below the $3,635 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$131,662
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$46,685

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$178,340 · 0.14%
2023$173,762 · 0.19%
2022$94,851 · 0.14%
Same employer
Similar plansFinance & Insurance · New York
Marketaxess Corporation NY$149.3M · 0.00%
Allen Operations LLC NY$136.2M · 0.00%
Greystone & Co., Inc. NY$136.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473979452 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.