Plan Ledger DOL Form 5500 · updated monthly

Beneficial In-Home Care, Inc.401(k)

BENEFICIAL IN-HOME CARE, INC. 401(K) PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Beneficial In-Home Care, Inc. reported $5,407 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $423 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 0.12% to 0.32%. 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 Washington (1,594th of 1,714), and 10,286th of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 298 to 256 since 2022.

Plan summary
Net assets, end of year$1,714,019
Participants with balances108
Active participants256
Employer contributions$108,397
Employee contributions$166,083
Employer contribution per active participant$423
Average account balance$15,871
Benefits paid to participants$431,695
Plan auditUnmodified (clean) audit opinion
AuditorALDRICH CPAS + ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.7M · 108 accts · $108K emplr
2023$1.7M · 150 accts · $104K emplr
2022$1.4M · 147 accts · $108K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,407
Total administrative$5,407
The Beneficial In-Home Care, Inc. 401(k) match · 2024
Employer contribution per active participant$423
Median for plans this size$1,313
2024$423 per active participant
2023$383 per active participant
2022$362 per active participant

Beneficial In-Home Care, 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 · 20242
ADP, INC. · Recordkeeping · Investment advisory (participants)$5,407
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.

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$5,407 · 0.32%
2023$1,853 · 0.12%
2022$1,729 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Washington
Compass Housing Alliance WA$1.8M · 0.08%
The Kenney WA$1.7M · 0.13%
The Arc of King County WA$1.4M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912031999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.