Plan Ledger DOL Form 5500 · updated monthly

Science Care, Inc.401(k)

SCIENCE CARE, INC. 401(K) PLAN AND TRUST · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Science Care, Inc. reported $47,288 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $1,698 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 0.87% to 0.76%. 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 Arizona (727th of 1,285), and 6,942nd of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,848,313
Participants with balances258
Active participants153
Employer contributions$259,853
Employee contributions$397,939
Employer contribution per active participant$1,698
Average account balance$26,544
Benefits paid to participants$413,127
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 258 accts · $260K emplr
2023$5.7M · 249 accts · $260K emplr
2022$4.6M · 231 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,456
Investment management$20,832
Total administrative$47,288
The Science Care, Inc. 401(k) match · 2024
Employer contribution per active participant$1,698
Median for plans this size$1,313
2024$1,698 per active participant
2023$1,679 per active participant
2022$1,688 per active participant

Science Care, Inc.'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 · 20243
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan)$20,832
PINNACLE PLAN DESIGN, LLC · Contract administrator$5,441

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$47,288 · 0.76%
2023$48,113 · 0.94%
2022$44,035 · 0.87%
Similar plansHealth Care & Social Assistance · Arizona
Valleylife AZ$7.0M · 0.08%
Circle the City AZ$6.8M · 0.06%
Casa de Los Ninos AZ$6.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860994227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.