Plan Ledger DOL Form 5500 · updated monthly

Amazing Grace Personal Care Services, LLC401(k)

AMAZING GRACE PERSONAL CARE SERVICES 401(K) PROFIT SHARING PLAN AND TRUST · RIO RANCHO, NM · plan year 2019

Reported admin expense ratio · 2019
2.44%

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

Amazing Grace Personal Care Services, LLC reported $2,007 in plan administrative expenses for 2019: 2.44% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 5 years on file its reported administrative ratio rose from 9.44% to 93.89%. The plan sits in the under $1M size bracket, benchmarked here against 102 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (287th of 290), and 11,791st of 11,911 in health care & social assistance. active participation has grown from 313 to 369 since 2017.

Plan summary
Net assets, end of year$87,189
Participants with balances331
Active participants369
Employer contributions$0
Employee contributions$0
Employer contribution per active participant$0
Average account balance$263
Benefits paid to participants$1,301
Plan auditDisclaimer of opinion
AuditorSCOTT MILLER CPA & ASSOCIATES INC.
Plan history4
Yearassets · accounts · employer contribution
2022$27K · 17 accts
2019$87K · 331 accts
2018$77K · 337 accts
2017$67K · 337 accts
Administrative expenses, itemized · 2019
Recordkeeping & contract admin$2,007
Total administrative$2,007
The Amazing Grace Personal Care Services, LLC 401(k) match · 2019
Employer contribution per active participant$0
Median for plans this size$169

Amazing Grace Personal Care Services, LLC's 2019 employer contribution ran below the $169 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 2019 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2022$60,585 · 93.89%
2019$2,007 · 2.44%
2018$1,550 · 2.15%
2017$5,186 · 9.44%
Similar plansHealth Care & Social Assistance · New Mexico
Sierra Health Care Center NM$734K · 1.08%
Safe and Secure Homecare OH$90K · 0.36%
Amdal in Home Care Inc CA$90K · 5.52%
Everest Solutions Inc. IL$89K · 1.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205541548 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.