Plan Ledger DOL Form 5500 · updated monthly

Salus Healthcare LLC401(k)

SALUS HEALTHCARE LLC 401K PLAN · IRVINE, CA · plan year 2022

Reported admin expense ratio · 2022
1.03%

Salus Healthcare LLC reported $23,898 in plan administrative expenses for 2022: 1.03% of average plan assets, higher than ~75% of peers. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,234th of 9,483), and 9,902nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,162,174
Participants with balances79
Active participants556
Employer contributions—
Employee contributions$463,306
Employer contribution per active participant—
Average account balance$27,369
Benefits paid to participants$320,464
Plan auditUnmodified (clean) audit opinion
AuditorDBB MCKENNON
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,502
Investment management$8,396
Total administrative$23,898
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$23,898 · 1.03%
Same employer
Similar plansHealth Care & Social Assistance · California
Insight Housing CA$2.2M · 1.08%
The Absinthe Group Inc CA$2.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320117305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.