Plan Ledger DOL Form 5500 · updated monthly

Affordable Home Health Care LLC401(k)

AFFORDABLE HOME HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST · GRANDVIEW, OH · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Affordable Home Health Care LLC reported $57,925 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,188 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 0.08% to 0.70%. 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 Ohio (2,019th of 3,295), and the 5,819th of 11,911 in health care & social assistance. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,653,800
Participants with balances204
Active participants412
Employer contributions$489,604
Employee contributions$873,601
Employer contribution per active participant$1,188
Average account balance$47,323
Benefits paid to participants$855,753
Plan auditUnmodified (clean) audit opinion
AuditorMCCURDY & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 204 accts · $490K emplr
2023$6.8M · 211 accts · $464K emplr
2022$5.0M · 184 accts · $391K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,925
Total administrative$57,925
The Affordable Home Health Care LLC 401(k) match · 2024
Employer contribution per active participant$1,188
Median for plans this size$1,313
2024$1,188 per active participant
2023$1,082 per active participant
2022$982 per active participant

Affordable Home Health Care LLC's 2024 employer contribution ran below the $1,313 median for plans its size. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$39,093
CAPITAL GROUP RETIREMENT PLAN SERVI$14,513

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

Administrative cost history3
2024$57,925 · 0.70%
2023$37,462 · 0.63%
2022$4,327 · 0.08%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Carvaka, LLC OH$9.8M · 0.89%
Memorial Medical Group OH$9.5M · 0.01%
Life Connection of Ohio OH$9.4M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204300403 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.