Plan Ledger DOL Form 5500 · updated monthly

Affinity Hospice Holdings, LLC401(k)

AFFINITY HOSPICE HOLDINGS, LLC 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
1.10%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Affinity Hospice Holdings, LLC reported $40,158 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $54 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.19% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (676th of 902), and 8,533rd of 11,911 in health care & social assistance. In 2024, employees put in $34.62 for every $1.00 the employer contributed; active participation has grown from 351 to 462 since 2022.

Plan summary
Net assets, end of year$4,027,663
Participants with balances243
Active participants462
Employer contributions$25,092
Employee contributions$868,730
Employer contribution per active participant$54
Average account balance$16,575
Benefits paid to participants$752,986
Plan auditUnmodified (clean) audit opinion
AuditorLBMC PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 243 accts · $25K emplr
2023$3.3M · 265 accts · $24K emplr
2022$2.0M · 282 accts · $33K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,063
Investment management$9,095
Total administrative$40,158
The Affinity Hospice Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$54
Median for plans this size$1,313
2024$54 per active participant
2023$50 per active participant
2022$94 per active participant

Affinity Hospice Holdings, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$31,063
NEWSQUARE CAPITAL, LLC · Investment management$9,094

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC
2023PROFESSIONAL CAPITAL SERVICES, LLC

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Administrative cost history3
2024$40,158 · 1.10%
2023$50,686 · 1.93%
2022$3,575 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Stonecreek Services, LLC AL$4.1M · 1.54%
Qchc Management Services AL$3.8M · 0.93%
Psychiatric Staffing, LLC AL$3.5M · 1.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832153189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.