Plan Ledger DOL Form 5500 · updated monthly

Visit Healthcare401(k)

VISIT HEALTHCARE 401(K) PROFIT SHARING PLAN & TRUST · LOS GATOS, CA · plan year 2022

Reported admin expense ratio · 2022
2.81%

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

Visit Healthcare reported $2,465 in plan administrative expenses for 2022: 2.81% of average plan assets, higher than ~75% of peers. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (9,348th of 9,483), and 11,579th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$102,840
Participants with balances35
Active participants183
Employer contributions$0
Employee contributions$79,890
Employer contribution per active participant$0
Average account balance$2,938
Benefits paid to participants$33,425
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES INC.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,465
Total administrative$2,465
The Visit Healthcare 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Visit Healthcare's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,465 · 2.81%
Similar plansProfessional & Technical Services · California
Ellabron Inc CA$125K · 3.55%
Fast Af, Inc. CA$82K · 0.34%
Brillius Inc CA$82K · 0.77%
Mycase, Inc. CA$73K · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850825661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.