Plan Ledger DOL Form 5500 · updated monthly

Valera Health, Inc.401(k)

VALERA HEALTH 401(K) PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
2.12%

Valera Health, Inc. reported $25,199 in plan administrative expenses for 2024: 2.12% of average plan assets, higher than ~90% 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 1 year on file its reported administrative ratio rose from 0.33% to 2.12%. 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 New York (5,218th of 5,648), and 10,422nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,553,027
Participants with balances225
Active participants243
Employer contributions—
Employee contributions$803,141
Employer contribution per active participant—
Average account balance$6,902
Benefits paid to participants$286,891
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$1.6M · 225 accts
2023$821K · 251 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,707
Investment management$2,492
Total administrative$25,199
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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$22,707

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$25,199 · 2.12%
2023$2,747 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · New York
Aptihealth Medical, PLLC NY$1.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464325342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.