Plan Ledger DOL Form 5500 · updated monthly

Always Compassionate Home Care Inc.401(k)

ALWAYS COMPASSIONATE HOME CARE INC. 401(K) PLAN · MELVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
2.53%

Always Compassionate Home Care Inc. reported $59,096 in plan administrative expenses for 2024: 2.53% of average plan assets, higher than ~90% of peers. 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 2.53%. 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 (5,037th of 5,648), and 9,684th of 11,911 in health care & social assistance. active participation has grown from 1,198 to 2,047 since 2022.

Plan summary
Net assets, end of year$2,435,061
Participants with balances287
Active participants2,047
Employer contributions—
Employee contributions$397,736
Employer contribution per active participant—
Average account balance$8,485
Benefits paid to participants$357,785
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.4M · 287 accts
2023$2.2M · 329 accts
2022$2.0M · 392 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,096
Total administrative$59,096
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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,215
MAZARS USA LLP · Accounting / audit$20,800
DANZIGER & MARKHOFF LLP · Contract administrator · Other services$16,062

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$59,096 · 2.53%
2023$71,598 · 3.38%
2022$51,386 · 2.44%
Similar plansHealth Care & Social Assistance · New York
Dmk Endeavors, Inc. NY$2.5M · 1.29%
Ophelia Health, Inc. NY$2.5M · 0.16%
Childrens Rescue Fund NY$2.4M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833110397 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.