Plan Ledger DOL Form 5500 · updated monthly

Salud Family Health, Inc.401(k)

SALUD FAMILY HEALTH RETIREMENT PLAN · FORT LUPTON, CO · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Salud Family Health, Inc. reported $85,131 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $3,910 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 0.29% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 346th-largest of 1,461 plans among Colorado employers on file, and the 641st of 3,341 in other services.

Plan summary
Net assets, end of year$33,719,980
Participants with balances1,104
Active participants498
Employer contributions$1,947,387
Employee contributions$0
Employer contribution per active participant$3,910
Average account balance$30,543
Benefits paid to participants$2,123,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.7M · 1,104 accts · $1.9M emplr
2023$30.4M · 1,093 accts · $2.2M emplr
2022$27.1M · 934 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,791
Investment management$12,340
Total administrative$85,131
The Salud Family Health, Inc. 401(k) match · 2024
Employer contribution per active participant$3,910
Median for plans this size$2,416
2024$3,910 per active participant
2023$4,329 per active participant
2022$3,857 per active participant

Salud Family Health, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size. 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
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$75,891
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$12,340

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$85,131 · 0.27%
2023$80,447 · 0.28%
2022$74,729 · 0.29%
All plans at this employer2
SALUD FAMILY HEALTH RETIREMENT PLAN401(k)
SALUD FAMILY HEALTH EMPLOYEE CONTRIBUTION 403(B) PLAN403(b)
Same employer
Similar plansOther Services · Colorado
Junior Achievement USA CO$43.0M · 0.76%
Mgma-Acmpe CO$35.2M · 0.29%
Donor Alliance, Inc. CO$34.0M · 0.03%
USA Hockey, Inc. CO$28.9M · 0.34%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 840613540 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.