Plan Ledger DOL Form 5500 · updated monthly

Trusted Health, Inc.401(k)

TRUSTED HEALTH, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Trusted Health, Inc. reported $60,710 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $378 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 0.12% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 3,476th-largest of 9,483 plans among California employers on file, and the 583rd of 2,534 in administrative & support services. In 2024, employees put in $3.88 for every $1.00 the employer contributed; active participation has shrunk from 3,439 to 1,395 since 2022.

Plan summary
Net assets, end of year$21,300,781
Participants with balances1,964
Active participants1,395
Employer contributions$527,707
Employee contributions$2,045,281
Employer contribution per active participant$378
Average account balance$10,846
Benefits paid to participants$5,000,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$21.3M · 1,964 accts · $528K emplr
2023$20.8M · 2,154 accts · $1.2M emplr
2022$12.1M · 1,651 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,995
Investment management$25,715
Total administrative$60,710
The Trusted Health, Inc. 401(k) match · 2024
Employer contribution per active participant$378
Median for plans this size$2,416
2024$378 per active participant
2023$602 per active participant
2022$535 per active participant

Trusted Health, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$60,710

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$60,710 · 0.29%
2023$32,876 · 0.20%
2022$14,366 · 0.12%
Same employer
Similar plansAdministrative & Support Services · California
Amawaterways, LLC CA$22.8M · 0.01%
Uscb, Inc. CA$22.6M · 0.00%
McP Services, Inc. CA$22.1M · 0.37%
R.H. Peterson Co. CA$21.2M · 0.02%
Judy Madrigal & Associates CA$21.1M · 1.08%
Outsource, LLC CA$20.2M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832237171 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.