Plan Ledger DOL Form 5500 · updated monthly

BLESSINGS4EVER Home Care Agency LLC401(k)

BLESSINGS4EVER HOME CARE AGENCY 401(K) PLAN · PHILADELPHIA, PA · plan year 2022

Reported admin expense ratio · 2022
7.63%

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

BLESSINGS4EVER Home Care Agency LLC reported $6,374 in plan administrative expenses for 2022: 7.63% of average plan assets, higher than ~90% of peers. Employer contributions averaged $40 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 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,617th of 3,651), and 11,766th of 11,911 in health care & social assistance. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$114,260
Participants with balances46
Active participants999
Employer contributions$40,328
Employee contributions$70,172
Employer contribution per active participant$40
Average account balance$2,484
Benefits paid to participants$29,630
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,374
Total administrative$6,374
The BLESSINGS4EVER Home Care Agency LLC 401(k) match · 2022
Employer contribution per active participant$40
Median for plans this size$331

BLESSINGS4EVER Home Care Agency LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,374 · 7.63%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Enjoy Home Care LLC PA$130K · 3.40%
Glenmaura Senior Living PA$120K · 3.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461522980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.