Plan Ledger DOL Form 5500 · updated monthly

Sharp HealthcareDC plan

SHARPSAVER DEFINED CONTRIBUTION PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Sharp Healthcare reported $1,205,400 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,717 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 0.07% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 102nd-largest of 9,483 plans among California employers on file, and the 132nd of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,382,464,454
Participants with balances18,327
Active participants20,711
Employer contributions$35,570,166
Employee contributions$72,392,853
Employer contribution per active participant$1,717
Average account balance$75,433
Benefits paid to participants$108,751,496
Plan auditUnmodified (clean) audit opinion
AuditorBDO USA,PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 18,327 accts · $35.6M emplr
2023$1.2B · 17,347 accts · $32.0M emplr
2022$992.8M · 17,043 accts · $31.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,205,400
Total administrative$1,205,400
Employer contributions to the Sharp Healthcare plan · 2024
Employer contribution per active participant$1,717
Median for plans this size$5,259
2024$1,717 per active participant
2023$1,594 per active participant
2022$1,653 per active participant

Sharp Healthcare's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. 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
ALIGHT SOLUTIONS, LLC · Recordkeeping · Trustee (directed)$936,304
RUSSELL INVESTMENTS TRUST COMPANYindirect comp

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

Recordkeeper by year2
2024Alight, Lincoln Financial
2023Alight, Lincoln Financial

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

Administrative cost history3
2024$1,205,400 · 0.09%
2023$743,463 · 0.07%
2022$736,335 · 0.07%
All plans at this employer2
SHARPSAVER DEFINED CONTRIBUTION PLANDefined-contribution plan
SHARP HEALTHCARE 403(B) TAX DEFERRED RETIREMENT PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · California
Vituity CA$2.2B · 0.15%
Molina Healthcare, Inc. CA$1.4B · 0.08%
Memorial Health Services CA$1.4B · 0.08%
John Muir Health CA$1.4B · 0.07%
Scripps Health CA$1.3B · 0.11%
Radiology Partners Inc CA$1.0B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 956077327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.