Plan Ledger DOL Form 5500 · updated monthly

Sharp Health Plan401(k)

SHARP HEALTH PLAN 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Sharp Health Plan reported $1,167 in plan administrative expenses for 2024: 0.02% of average plan assets, lower 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.

Across the 2 years on file its reported administrative ratio fell from 0.05% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (6,752nd of 9,483), and 4,393rd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,796,462
Participants with balances99
Active participants83
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$58,550
Benefits paid to participants$434,540
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 99 accts
2023$5.6M · 108 accts
2022$5.1M · 114 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,167
Total administrative$1,167
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
LINCOLN NATIONAL CORPORATION · Contract administrator · Recordkeeping$1,167

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

Recordkeeper by year2
2024Lincoln Financial
2023Lincoln Financial

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

Administrative cost history3
2024$1,167 · 0.02%
2023$1,131 · 0.02%
2022$3,230 · 0.05%
Similar plansFinance & Insurance · California
Mnet Financial, LLC CA$6.2M · 1.37%
Nexera Holding LLC CA$6.1M · 0.69%
High Tech Lending, Inc. CA$6.1M · 0.74%
Cherry Technologies Inc. CA$5.2M · 0.11%
Embroker Inc. CA$4.9M · 0.20%
Dma Claims, Inc. CA$4.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330519730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.