Plan Ledger DOL Form 5500 · updated monthly

Wellnest Emotional Health & Wellness401(k)

WELLNEST 401(K) PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Wellnest Emotional Health & Wellness reported $89,492 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,819 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 0.46% to 0.54%. 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 3,909th-largest of 9,483 plans among California employers on file, and the 3,975th of 11,911 in health care & social assistance. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has grown from 233 to 279 since 2022.

Plan summary
Net assets, end of year$17,968,423
Participants with balances426
Active participants279
Employer contributions$1,065,514
Employee contributions$1,127,102
Employer contribution per active participant$3,819
Average account balance$42,179
Benefits paid to participants$1,763,161
Plan auditUnmodified (clean) audit opinion
AuditorHARRINGTON GROUP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.0M · 426 accts · $1.1M emplr
2023$15.3M · 500 accts · $986K emplr
2022$11.7M · 495 accts · $840K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,342
Total administrative$89,492
The Wellnest Emotional Health & Wellness 401(k) match · 2024
Employer contribution per active participant$3,819
Median for plans this size$2,416
2024$3,819 per active participant
2023$4,403 per active participant
2022$3,605 per active participant

Wellnest Emotional Health & Wellness's 2024 employer contribution ran above 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 · 20241
AVINA FINANCIAL GROUP INC.indirect comp

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$89,492 · 0.54%
2023$68,819 · 0.51%
2022$55,308 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · California
Agendia, Inc. CA$18.3M · 0.11%
Kings View CA$18.2M · 0.11%
Altura Centers for Health CA$18.1M · 0.65%
Aspiranet CA$18.0M · 0.01%
San Diego Blood Bank CA$17.8M · 0.08%
Caminar CA$17.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951690974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.