Confluent Health 401(k) Plan

Officially: CONFLUENT HEALTH, LLC 401(K) PROFIT SHARING PLAN

Participants: 8,280 Plan assets: $204,145,325 Plan number: 001 Form 5500 plan year: 2024 Last verified: Jun 16, 2026 View Form 5500
Match
Discretionary profit-sharing contributions only -- no fixed employer matching contribution disclosed in the 2024 filing.
Vesting
Not disclosed in the 2024 filing.
Investment Options
33 funds
Plan Size
$204,145,325

By Zac Murphy, CFA charterholder and CFP professional. Published June 16, 2026. Verified against Form 5500 plan year 2024.

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Allocation Examples

Five sample mixes built from this plan's funds, from conservative to growth. These are educational illustrations showing how the plan's available funds could be combined at different stock-to-bond ratios. They are not recommendations.

Conservative
Conservative

Capital preservation with minimal market exposure, built from bonds and stable value.

US equity   International   Bonds   Stable value
Fidelity US Bond Index 70%
Putnam Stable Value Fund 30%
0% stocks / 100% bonds
Income & A Little Growth
Income & A Little Growth

Mostly bonds with a small stock sleeve for modest growth.

US equity   International   Bonds   Stable value
Fidelity US Bond Index 49%
Putnam Stable Value Fund 21%
Fidelity 500 Index 19%
Fidelity Intl Index 8%
Fidelity Mid Cap Index 3%
30% stocks / 70% bonds
Balanced
Balanced

A classic 60/40 split of stocks and bonds.

US equity   International   Bonds   Stable value
Fidelity 500 Index 39%
Fidelity US Bond Index 28%
Fidelity Intl Index 15%
Putnam Stable Value Fund 12%
Fidelity Mid Cap Index 6%
60% stocks / 40% bonds
Growth & Income
Growth & Income

Stock-heavy with a bond cushion for a long horizon.

US equity   International   Bonds   Stable value
Fidelity 500 Index 52%
Fidelity Intl Index 20%
Fidelity US Bond Index 14%
Fidelity Mid Cap Index 8%
Putnam Stable Value Fund 6%
80% stocks / 20% bonds
Growth
Growth

All stocks for maximum long-term growth potential, with higher short-term volatility.

US equity   International   Bonds   Stable value
Fidelity 500 Index 65%
Fidelity Intl Index 25%
Fidelity Mid Cap Index 10%
100% stocks / 0% bonds

These allocation examples are educational illustrations built from this plan's available funds and a standard risk-tolerance assessment. They are not personalized investment advice or a recommendation, and risk tolerance is only one factor in an investment decision. You may consider consulting a qualified professional before making changes to your account.

Employer match

Match summary
Discretionary profit-sharing contributions only -- no fixed employer matching contribution disclosed in the 2024 filing.
Match cap --
Effective match rate --
Vesting Not disclosed in the 2024 filing.
Waiting period Not disclosed in the 2024 filing.

Talk to Zac about your 401(k)

Zac Murphy, CFA, CFP® -- Founder of Waterfall Planning
Zac Murphy, CFA, CFP®
CFA charterholder, CFP® professional, and founder of Waterfall Planning

Helps clients build wealth deliberately, through portfolios that match their goals, retirement that arrives on schedule, and tax strategy that keeps more of what they earn.

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Fund lineup

Fund Asset Class Type
American Funds 2010 Trgt Date Retire R6 Target-date Other
American Funds 2015 Trgt Date Retire R6 Target-date Other
American Funds 2020 Trgt Date Retire R6 Target-date Other
American Funds 2025 Trgt Date Retire R6 Target-date Other
American Funds 2030 Trgt Date Retire R6 Target-date Other
American Funds 2035 Trgt Date Retire R6 Target-date Other
American Funds 2040 Trgt Date Retire R6 Target-date Other
American Funds 2045 Trgt Date Retire R6 Target-date Other
American Funds 2050 Trgt Date Retire R6 Target-date Other
American Funds 2055 Trgt Date Retire R6 Target-date Other
American Funds 2060 Trgt Date Retire R6 Target-date Other
American Funds 2065 Trgt Date Retire R6 Target-date Other
American Funds Am Balanced R6 Balanced/Allocation Active
American Funds Am High-Inc R6 High Yield Bonds Active
American Funds Am Mutual R6 US Large Cap Active
American Funds Bond Fund of Am R6 US Bonds Active
American Funds Cap World G/I R6 International Equity Active
American Funds EuroPacific Gr R6 International Equity Active
American Funds Income Fund of Am R6 US Bonds Active
American Funds New Perspective R6 International Equity Active
American Funds New World R6 Emerging Markets Active
American Funds Smallcap World R6 US Small Cap Active
Blackrock Mid-Cap Growth Equity K US Mid Cap Active
Fidelity 500 Index US Large Cap Index
Fidelity Intl Index International Equity Index
Fidelity Mid Cap Index US Mid Cap Index
Fidelity Small Cap Index US Small Cap Index
Fidelity US Bond Index US Bonds Index
INVESCO Discovery R6 US Small Cap Active
JHancock Disciplined Value Mid Cap R6 US Mid Cap Active
Putnam Stable Value Fund Stable Value Other
AB US Large Cap Growth (W SERS) CL US Large Cap Active
Franklin Small Cap Value GG Trust C US Small Cap Active
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Sources

  • Plan metadata (employer, participants, assets, plan year): Form 5500 annual return/report, plan year 2024 -- view filing
  • Summary Plan Description (SPD) and fee disclosure (404a-5), where available from the plan administrator.

This page is for educational purposes only and does not constitute investment, tax, or legal advice, nor a recommendation to buy or sell any security. Information is drawn from public Form 5500 filings and plan documents and may be incomplete or out of date. You may consider consulting a qualified professional and confirming all details with your plan administrator before making decisions. Waterfall Planning is not affiliated with Confluent Health.