Plan Ledger DOL Form 5500 · updated monthly

Qp Health Care Services, LLC. dba Vivage401(k)

VIVAGE SENIOR LIVING 401(K) PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
1.06%

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

Qp Health Care Services, LLC. dba Vivage reported $189,299 in plan administrative expenses for 2023: 1.06% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1 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 1 year on file its reported administrative ratio fell from 1.06% to 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 583rd-largest of 1,461 plans among Colorado employers on file, and the 4,061st of 11,911 in health care & social assistance. In 2023, employees put in $750.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,462,194
Participants with balances448
Active participants1,318
Employer contributions$1,501
Employee contributions$1,126,366
Employer contribution per active participant$1
Average account balance$38,978
Benefits paid to participants$3,894,077
Plan auditUnmodified (clean) audit opinion
AuditorRUBIN BROWN
Plan history2
Yearassets · accounts · employer contribution
2024$13.4M · 367 accts · $46 emplr
2023$17.5M · 448 accts · $2K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$123,735
Audit (IQPA)$65,564
Total administrative$189,299
The Qp Health Care Services, LLC. dba Vivage 401(k) match · 2023
Employer contribution per active participant$1
Median for plans this size$2,440
2024$0 per active participant
2023$1 per active participant

Qp Health Care Services, LLC. dba Vivage's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$123,735
RUBIN BROWN, LLP · Accounting / audit$35,997
RUBINBROWN LLP · Accounting / audit$29,567
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$104,540 · 0.68%
2023$189,299 · 1.06%
Similar plansHealth Care & Social Assistance · Colorado
Nurse-Family Partnership CO$18.4M · 0.71%
Summitstone Health Partners CO$18.0M · 0.23%
Espire Dental Practice, LLC CO$17.2M · 0.65%
Solace Healthcare, Inc. CO$16.5M · 0.85%
Orthocolorado Hospital CO$16.4M · 0.56%
Christian Living Communites CO$15.3M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453183193 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.