Plan Snapshot
- Plan Sponsor: Option Care Health, INC.
- Sponsor EIN: 680208702
- Sponsor Address: 3000 LAKESIDE DRIVE SUITE 300N, BANNOCKBURN, IL, 60015
- Plan Type: 401(k)
- Total Participants: 7,984
- Total Assets: $412.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,984 | $412.6M | $13.3M | $31.2M |
| 2023 | 7,820 | $353.4M | $12.1M | $29.2M |
| 2022 | 6,134 | $292.7M | $11.8M | $28.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CROWE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $502,289 | $44,993 | — | — | — |
| 2023 | $462,360 | $44,990 | — | — | — |
| 2022 | $436,022 | $44,980 | $389,242 | — | — |