Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Clever Care Health Plan
Clever Care Health Plan 401(k)
- Finance and insurance
- Huntington Beach, CA
- EIN 83-2354214
- 1 plan with Schedule H financials
- Plan year 2024
- Clever Care Health Plan, Inc.
- filed as Clever Care Health Plan Inc.
Administrative expenses excluding investment management, per participant · Clever Care 401(k) Plan · plan year 2024
$5.36
Higher than 3% of the 14,713 plans $1 to 10M that report it.
Source
= $1,120 / 209
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007155454NAL0002806995001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007155454NAL0002806995001, received 2025-10-07
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-07.
Cost and contributions
Administrative expenses per participant
$5.36
Higher than 2% of the 15,210 plans $1 to 10M that report it.
Source
= $1,120 / 209
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007155454NAL0002806995001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007155454NAL0002806995001, received 2025-10-07
Administrative expenses as a share of assets
0.016%
Higher than 2% of the 15,243 plans $1 to 10M that report it.
Source
= $1,120 / $6,958,507
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007155454NAL0002806995001, received 2025-10-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007155454NAL0002806995001, received 2025-10-07
Employer contributions per participant
$3,059
Higher than 92% of the 13,342 plans $1 to 10M that report it.
Source
= $639,253 / 209
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007155454NAL0002806995001, received 2025-10-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007155454NAL0002806995001, received 2025-10-07
Employer share of total contributions
31.2%
Higher than 58% of the 13,370 plans $1 to 10M that report it.
Source
= $639,253 / $2,051,693
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007155454NAL0002806995001, received 2025-10-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007155454NAL0002806995001, received 2025-10-07
Plan terms, as stated in Clever Care Health Plan, Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2G fully participant-directed · 3D IRS pre-approved plan · 3H controlled-group sponsor · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251007155454NAL0002806995001, received 2025-10-07
Full record, Clever Care 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CLEVER CARE HEALTH PLAN INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Plan name | CLEVER CARE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Sponsor EIN / plan number | 83-2354214 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Sponsor location | HUNTINGTON BEACH, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Industry (business code) | 524140, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Filing received | 2025-10-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Participants, beginning of year | 251 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Active participants | 204 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Participants, end of year | 278 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Participants with an account balance | 209 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total assets, beginning of year | $4,853,575 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total assets, end of year | $6,958,507 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Net assets, end of year | $6,958,507 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total income | $2,880,074 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Net income | $2,104,932 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Employer contributions | $639,253 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Participant contributions | $1,410,389 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Other contributions (incl. rollovers) | $2,051 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total contributions | $2,051,693 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Benefit payments | $774,022 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total expenses (incl. benefit payments) | $775,142 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Total administrative expenses | $1,120 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Contract administrator fees | $1,120 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Administrative expenses excluding investment management | $1,120 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Held in mutual funds | $6,593,511 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251007155454NAL0002806995001, received 2025-10-07 |
| Independent auditor | LUCAS, HORSFALL, MURPHY & PINDROH, | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251007155454NAL0002806995001, received 2025-10-07 |
Position = column in the DOL layout for form year 2024. Filing 20251007155454NAL0002806995001, received 2025-10-07.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPLOYEE FIDUCIARY, LLCrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 64 Recordkeeping fees | $1,120 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251007155454NAL0002806995001, received 2025-10-07.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,853,575 | $6,958,507 | 43.4% |
| Participants with a balance | 179 | 209 | 16.8% |
| Administrative expenses | $1,035 | $1,120 | 8.2% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $547,259 | $639,253 | 16.8% |
Prior filing 20241001140908NAL0003357411001, received 2024-10-01; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CLEVER CARE HEALTH PLAN INC.; SEC registrant: Clever Care Health Plan, Inc. (CIK 1783087, matched by EIN).