Plan Ledger DOL Form 5500 · updated monthly

Zelis Healthcare, LLC401(k)

ZELIS HEALTHCARE 401(K) RETIREMENT PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Zelis Healthcare, LLC reported $238,068 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,975 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 fell from 0.24% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 250th-largest of 2,419 plans among New Jersey employers on file, and the 661st of 4,798 in finance & insurance. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 1,684 to 2,385 since 2022.

Plan summary
Net assets, end of year$172,247,662
Participants with balances2,277
Active participants2,385
Employer contributions$9,480,860
Employee contributions$18,581,538
Employer contribution per active participant$3,975
Average account balance$75,647
Benefits paid to participants$14,823,462
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$172.2M · 2,277 accts · $9.5M emplr
2023$134.9M · 2,198 accts · $8.2M emplr
2022$86.8M · 1,497 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$238,068
Total administrative$238,068
The Zelis Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$3,975
Median for plans this size$3,635
2024$3,975 per active participant
2023$3,713 per active participant
2022$3,414 per active participant

Zelis Healthcare, LLC's 2024 employer contribution ran above the $3,635 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 · 20245
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$25,000
CVAGS, LLC · Investment advisory (plan)$24,993
RESOURCE ADVISORY LLC$9,286
CERITY PARTNERS RETIREMENT PLAN ADV$8,868

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$238,068 · 0.16%
2023$230,189 · 0.21%
2022$200,436 · 0.24%
Similar plansFinance & Insurance · New Jersey
Freedom Mortgage Corporation NJ$200.2M · 0.37%
Provident Bank NJ$184.4M · 0.08%
Cenlar Capital Corporation NJ$167.8M · 0.03%
Columbia Bank NJ$141.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582167964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.