Employers › Elevance Health
Recordkeeping fees per participant · Elevance Health 401(k) Plan · plan year 2024
$21.79
Higher than 28% of the 790 plans over $1B that report it.
= $1,975,846 / 90,675
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010144903NAL0008344193001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144903NAL0008344193001, received 2025-10-10
Percentiles compare this plan with the Schedule H plans over $1B 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 2025-10-10.
Administrative expenses excluding investment management, per participant
$22.35
Higher than 20% of the 1,045 plans over $1B that report it.
= $2,026,293 / 90,675
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010144903NAL0008344193001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144903NAL0008344193001, received 2025-10-10
Administrative expenses per participant
$69.43
Higher than 49% of the 1,076 plans over $1B that report it.
= $6,295,758 / 90,675
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144903NAL0008344193001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144903NAL0008344193001, received 2025-10-10
Administrative expenses as a share of assets
0.052%
Higher than 56% of the 1,076 plans over $1B that report it.
= $6,295,758 / $12,109,864,062
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144903NAL0008344193001, received 2025-10-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010144903NAL0008344193001, received 2025-10-10
Employer contributions per participant
$3,368
Higher than 43% of the 1,135 plans over $1B that report it.
= $305,383,109 / 90,675
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144903NAL0008344193001, received 2025-10-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144903NAL0008344193001, received 2025-10-10
Employer share of total contributions
30.5%
Higher than 40% of the 1,135 plans over $1B that report it.
= $305,383,109 / $1,000,440,360
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144903NAL0008344193001, received 2025-10-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010144903NAL0008344193001, received 2025-10-10
97.9% of this plan's assets are held in a master trust. The trust's own filing was not found in the data, so its costs cannot be shown. Benchmarks and percentiles use the plan's own Schedule H only.
Employer match
“The Plan Sponsor provides a matching contribution of 100% on the first 4% of the participant's eligible compensation, plus 50% of the next 2% of the participant's eligible compensation contributed, for a total potential Plan Sponsor matching contribution of 5%.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“Employees of the Participating Employers are generally eligible to participate in the Plan 30 days after their date of hire.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Participants have a 100% vested interest in the Plan Sponsor match after completing a two-year period of service.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Participants are automatically enrolled in the Plan at an initial pretax deferral rate of 6%, with an annual automatic increase of the rate of 1%, up to 15% of the participant's eligible compensation, unless the participant directs otherwise.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251010144903NAL0008344193001, received 2025-10-10
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ATH HOLDING COMPANY, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Plan name | ELEVANCE HEALTH 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Sponsor EIN / plan number | 11-3713086 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Sponsor location | INDIANAPOLIS, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Industry (business code) | 524140, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Filing received | 2025-10-10 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Participants, beginning of year | 94,689 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Active participants | 71,880 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Participants, end of year | 94,427 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Participants with an account balance | 90,675 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total assets, beginning of year | $11,042,395,257 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total assets, end of year | $12,109,864,062 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Net assets, end of year | $12,109,864,062 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total income | $2,333,161,582 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Net income | $1,067,587,140 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Employer contributions | $305,383,109 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Participant contributions | $573,925,799 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Other contributions (incl. rollovers) | $121,131,452 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total contributions | $1,000,440,360 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Benefit payments | $1,258,813,891 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total expenses (incl. benefit payments) | $1,265,574,442 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Total administrative expenses | $6,295,758 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Recordkeeping fees | $1,975,846 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Investment advisory and management fees | $4,269,465 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Administrative expenses excluding investment management | $2,026,293 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Held in master trusts | $11,861,354,869 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251010144903NAL0008344193001, received 2025-10-10 |
| Independent auditor | ERNST YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251010144903NAL0008344193001, received 2025-10-10 |
Position = column in the DOL layout for form year 2024. Filing 20251010144903NAL0008344193001, received 2025-10-10.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $4,056,009 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $1,975,846 | yes |
| MERCER | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $123,456 | no |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $90,000 | no |
| ELEVANCE HEALTH INC | PLAN ADMINISTRATOR | 14 Plan administrator | $56,500 | no |
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 20251010144903NAL0008344193001, received 2025-10-10.
ELEVANCE HEALTH DC MT (EIN 392126045, PN 001): plan interest $11,861,354,869. The trust's own filing was not found in the data.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $11,042,395,257 | $12,109,864,062 | 9.7% |
| Participants with a balance | 92,892 | 90,675 | -2.4% |
| Administrative expenses | $6,170,309 | $6,295,758 | 2.0% |
| Recordkeeping fees per participant | $24.41 | $21.79 | -10.7% |
| Employer contributions | $305,504,065 | $305,383,109 | -0.0% |
Prior filing 20240912091727NAL0004306339001, received 2024-09-12; the plan years are contiguous.
Sponsor name as filed: ATH HOLDING COMPANY, LLC; SEC registrant: Elevance Health, Inc. (CIK 1156039, matched by 11-K plan title; display name from the Form 11-K cover).