Plan Ledger DOL Form 5500 · updated monthly

Sierra Health and Wellness Centers LLC401(k)

SIERRA HEALTH AND WELLNESS CENTERS LLC 401(K) P/S PLAN · OROVILLE, CA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Sierra Health and Wellness Centers LLC reported $17,238 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~75% of peers. Employer contributions averaged $984 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 1.32% to 0.88%. 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 California (8,134th of 9,483), and 9,733rd of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,378,376
Participants with balances142
Active participants268
Employer contributions$263,633
Employee contributions$589,545
Employer contribution per active participant$984
Average account balance$16,749
Benefits paid to participants$251,553
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.4M · 142 accts · $264K emplr
2022$627K · 91 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,238
Total administrative$17,238
The Sierra Health and Wellness Centers LLC 401(k) match · 2024
Employer contribution per active participant$984
Median for plans this size$1,313
2024$984 per active participant
2022$654 per active participant

Sierra Health and Wellness Centers LLC's 2024 employer contribution ran below 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
ASCENSUS LLC · Loan processing · Recordkeeping$17,238

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

Administrative cost history2
2024$17,238 · 0.88%
2022$5,131 · 1.32%
Similar plansHealth Care & Social Assistance · California
The Clinic, Inc. CA$2.4M · 0.00%
Restpadd, Inc. CA$2.3M · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842968604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.