Bs Homecare Inc.401(k)
B'S HOMECARE INC.401K PROFIT SHARING PLAN AND TRUST · FOREST LAKE, MN · plan year 2022
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Bs Homecare Inc. reported $3,200 in plan administrative expenses for 2022: 0.96% of average plan assets, above the peer median. Employer contributions averaged $109 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 has held roughly steady near 1.00%. 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 Minnesota (1,894th of 1,918), and 11,546th of 11,911 in health care & social assistance. In 2022, employees put in $6.11 for every $1.00 the employer contributed.
Bs Homecare Inc.'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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 261859564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.