Plan Ledger DOL Form 5500 · updated monthly

Ozark Health, Inc.401(k)

OZARK HEALTH, INC. 401(K) PLAN · CLINTON, AK · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Ozark Health, Inc. reported $25,721 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $573 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 1.38% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alaska (140th of 160), and 8,814th of 11,911 in health care & social assistance. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has grown from 314 to 376 since 2022.

Plan summary
Net assets, end of year$3,625,788
Participants with balances173
Active participants376
Employer contributions$215,433
Employee contributions$555,605
Employer contribution per active participant$573
Average account balance$20,958
Benefits paid to participants$240,888
Plan auditDisclaimer of opinion
AuditorWELCH, COUCH, & COMPANY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 173 accts · $215K emplr
2023$2.7M · 158 accts · $179K emplr
2022$1.7M · 55 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,633
Investment management$5,536
Trustee / custodial$1,552
Total administrative$25,721
The Ozark Health, Inc. 401(k) match · 2024
Employer contribution per active participant$573
Median for plans this size$1,313
2024$573 per active participant
2023$529 per active participant
2022$477 per active participant

Ozark Health, Inc.'s 2024 employer contribution ran below the $1,313 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
NEWPORT GROUP, INC. · Recordkeeping · Claims processing$18,633
QUALIFIED PLAN ADVISORS · Investment advisory (plan)$5,536

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,721 · 0.81%
2023$23,241 · 1.05%
2022$22,497 · 1.38%
Same employer
Similar plansHealth Care & Social Assistance · Alaska
Wildflower Court, Inc AK$4.5M · 0.45%
Akeela, Inc. AK$3.9M · 1.05%
Fairbanks Resource Agency AK$1.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710407683 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.