Health Advocates 401(K) Plan — Form 5500 plan (Health Advocates, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Health Advocates 401(K) Plan is a benefit plan reported by Health Advocates, LLC under EIN 68-0587145 and plan number 001. The latest loaded filing year is 2023. The filing reports 171 participants and $13,372,010 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.4MPlan net assets, end of year$13,372,010
Participants171Covered participants reported
Assets / participant$78.2KComputed: assets ÷ participants$78,199 (computed)
Provider compensation$23K2 Schedule C provider row(s)$22,955
Plan sponsor
Health Advocates, LLC
EIN
68-0587145
Plan number
001
Plan type
2
Location
Chatsworth, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023171H, C20240808122512NAL0002716915001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.4M total assets
Net assets$13.4MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$1.4M
Benefits paid / distributions$1.3M
Contributions
Employer$106.1K
Participant$825.8K
Full reported line items

Net assets

Total assets (EOY)
$13,372,010
Total liabilities (EOY)
$0
Net assets (EOY)
$13,372,010
Net assets (BOY)
$11,545,811

Income & contributions

Employer contributions
$106,069
Participant contributions
$825,755
Total contributions
$931,923
Total income / additions
$3,220,920

Expenses & distributions

Benefits paid
$1,345,208
Administrative expenses
$26,264
Total expenses
$1,394,721
Net increase / (decrease)
$1,826,199
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 11%Participant 89%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income42%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pensionmark Financial Group LLCADVISOR$11,728not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$11,227$02023

Related Form 5500 pages