Plan Ledger DOL Form 5500 · updated monthly

Strive Health, LLC401(k)

STRIVE HEALTH, LLC 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Strive Health, LLC reported $68,048 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,104 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 0.28% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 499th-largest of 1,461 plans among Colorado employers on file, and the 3,573rd of 11,911 in health care & social assistance. In 2024, employees put in $3.76 for every $1.00 the employer contributed; active participation has grown from 452 to 597 since 2022.

Plan summary
Net assets, end of year$20,862,672
Participants with balances666
Active participants597
Employer contributions$1,256,108
Employee contributions$4,718,062
Employer contribution per active participant$2,104
Average account balance$31,325
Benefits paid to participants$3,375,342
Plan auditUnmodified (clean) audit opinion
AuditorTORRILLO & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$20.9M · 666 accts · $1.3M emplr
2023$14.7M · 698 accts · $1.1M emplr
2022$6.9M · 413 accts · $869K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,048
Total administrative$68,048
The Strive Health, LLC 401(k) match · 2024
Employer contribution per active participant$2,104
Median for plans this size$2,416
2024$2,104 per active participant
2023$1,656 per active participant
2022$1,923 per active participant

Strive Health, LLC's 2024 employer contribution ran below the $2,416 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 · 20242

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$68,048 · 0.38%
2023$31,955 · 0.30%
2022$13,368 · 0.28%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Hopewest CO$21.3M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830823224 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.