Plan Ledger DOL Form 5500 · updated monthly

Sandstone Care Colorado LLC401(k)

SANDSTONE CARE COLORADO 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
1.96%

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

Sandstone Care Colorado LLC reported $115,896 in plan administrative expenses for 2024: 1.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,034 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 rose from 0.23% to 1.96%. 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 Colorado (879th of 1,461), and 6,465th of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 219 to 450 since 2022.

Plan summary
Net assets, end of year$7,974,380
Participants with balances524
Active participants450
Employer contributions$915,303
Employee contributions$1,238,374
Employer contribution per active participant$2,034
Average account balance$15,218
Benefits paid to participants$1,520,466
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 524 accts · $915K emplr
2023$3.9M · 423 accts · $592K emplr
2022$2.3M · 343 accts · $403K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,458
Investment management$1,438
Total administrative$115,896
The Sandstone Care Colorado LLC 401(k) match · 2024
Employer contribution per active participant$2,034
Median for plans this size$1,313
2024$2,034 per active participant
2023$2,063 per active participant
2022$1,841 per active participant

Sandstone Care Colorado LLC's 2024 employer contribution ran above the $1,313 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,104

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$115,896 · 1.96%
2023$7,769 · 0.25%
2022$4,836 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Matrix Providers Inc. CO$8.7M · 1.11%
Intervention Inc. CO$8.4M · 0.39%
Urology Associates, P.C. CO$8.3M · 0.87%
Inreach Healthcare, LLC CO$7.7M · 1.30%
Food Bank of the Rockies CO$7.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474488925 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.