Plan Ledger DOL Form 5500 · updated monthly

Amp Home Care Solutions LLC401(k)

AMP HOME CARE 401K · VERNON, CT · plan year 2024

Reported admin expense ratio · 2024
1.69%

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

Amp Home Care Solutions LLC reported $4,491 in plan administrative expenses for 2024: 1.69% of average plan assets, above the peer median. Employer contributions averaged $94 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (1,085th of 1,106), and 11,578th of 11,911 in health care & social assistance. In 2024, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$299,339
Participants with balances223
Active participants320
Employer contributions$30,141
Employee contributions$60,430
Employer contribution per active participant$94
Average account balance$1,342
Benefits paid to participants$50,635
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,491
Total administrative$4,491
The Amp Home Care Solutions LLC 401(k) match · 2024
Employer contribution per active participant$94
Median for plans this size$540

Amp Home Care Solutions LLC's 2024 employer contribution ran below the $540 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$2,490
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history1
2024$4,491 · 1.69%
Similar plansHealth Care & Social Assistance · Connecticut
The Angels Home Care LLC CT$599K · 1.49%
Care All LLC CT$417K · 0.21%
Star Aba, LLC CT$374K · 0.41%
Oxford Home Care LLC CT$296K · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814373481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.