Plan Ledger DOL Form 5500 · updated monthly

Verana Health, Inc.401(k)

VERANA HEALTH 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Verana Health, Inc. reported $26,958 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.15% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in California (5,493rd of 9,483), and 1,524th of 2,199 in information & media. active participation has shrunk from 206 to 154 since 2022.

Plan summary
Net assets, end of year$9,869,271
Participants with balances224
Active participants154
Employer contributions$0
Employee contributions$2,053,754
Employer contribution per active participant$0
Average account balance$44,059
Benefits paid to participants$2,232,027
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 224 accts
2023$7.1M · 228 accts
2022$5.3M · 232 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,085
Investment management$873
Total administrative$26,958
The Verana Health, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Verana Health, Inc.'s 2024 employer contribution ran below the $1,313 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
SAGEVIEW ADVISORY GROUP, LLC · Investment management$873

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$26,958 · 0.32%
2023$21,488 · 0.35%
2022$8,012 · 0.15%
Same employer
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Aaa Abc Acquisition, LLC CA$9.9M · 0.39%
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Fuse LLC CA$9.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263050385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.