Plan Ledger DOL Form 5500 · updated monthly

Americare Systems, Inc.401(k)

AMERICARE SYSTEMS, INC. RETIREMENT SAVINGS PLAN · SIKESTON, MO · plan year 2024

Reported admin expense ratio · 2024
0.87%

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

Americare Systems, Inc. reported $134,119 in plan administrative expenses for 2024: 0.87% of average plan assets, higher than ~90% of peers. Employer contributions averaged $204 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 0.30% to 0.87%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 666th-largest of 1,393 plans among Missouri employers on file, and 6,187th of 11,654 in professional & technical services. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has grown from 2,098 to 2,349 since 2022.

Plan summary
Net assets, end of year$16,761,163
Participants with balances945
Active participants2,349
Employer contributions$478,464
Employee contributions$1,657,415
Employer contribution per active participant$204
Average account balance$17,737
Benefits paid to participants$1,864,376
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK & BRAECKEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 945 accts · $478K emplr
2023$14.1M · 962 accts · $404K emplr
2022$12.0M · 979 accts · $388K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$134,119
Total administrative$134,119
The Americare Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$204
Median for plans this size$2,416
2024$204 per active participant
2023$189 per active participant
2022$185 per active participant

Americare Systems, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$134,119
MMA SECURITIES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$134,119 · 0.87%
2023$28,170 · 0.22%
2022$39,297 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Missouri
Ascent, LLC MO$17.8M · 0.30%
Benson Hill Holdings, Inc MO$17.5M · 0.59%
Bnim Architects Inc. MO$17.2M · 0.35%
Hoefer Welker, LLC MO$16.7M · 0.37%
Ecco Select Corp. MO$16.7M · 0.21%
Attane, Inc. MO$16.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431234429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.