Plan Ledger DOL Form 5500 · updated monthly

Alliance Homecare, Inc.401(k)

ALLIANCE HOMECARE, INC. 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.56%

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

Alliance Homecare, Inc. reported $23,210 in plan administrative expenses for 2024: 0.56% of average plan assets, above the peer median. Employer contributions averaged $562 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 3 years on file its reported administrative ratio has held roughly steady near 0.56%. 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 New York (4,570th of 5,648), and 8,191st of 11,911 in health care & social assistance. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has shrunk from 564 to 336 since 2022.

Plan summary
Net assets, end of year$4,547,619
Participants with balances118
Active participants336
Employer contributions$188,958
Employee contributions$515,648
Employer contribution per active participant$562
Average account balance$38,539
Benefits paid to participants$321,076
Plan auditUnmodified (clean) audit opinion
AuditorLEVIN, SILVEY, ZELKO & MACKEY, PA
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 118 accts · $189K emplr
2023$3.7M · 121 accts · $147K emplr
2022$2.6M · 110 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,210
Total administrative$23,210
The Alliance Homecare, Inc. 401(k) match · 2024
Employer contribution per active participant$562
Median for plans this size$1,313
2024$562 per active participant
2023$360 per active participant
2022$245 per active participant

Alliance Homecare, Inc.'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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,210 · 0.56%
2023$17,940 · 0.57%
2022$15,320 · 0.55%
Similar plansHealth Care & Social Assistance · New York
United Hospice, Inc. NY$4.6M · 0.29%
Accord Corporation NY$4.6M · 0.32%
Ultimate Care, Inc. NY$4.5M · 0.43%
At Home Care, Inc. NY$4.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205149957 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.