Plan Ledger DOL Form 5500 · updated monthly

Capital Care, Inc.401(k)

CAPITAL CARE, INC. 401(K) PLAN · SILVER SPRINGS, MD · plan year 2023

Reported admin expense ratio · 2023
0.55%

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

Capital Care, Inc. reported $24,478 in plan administrative expenses for 2023: 0.55% of average plan assets, above the peer median. Employer contributions averaged $267 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 0.47% to 7.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,291st of 1,671), and 7,995th of 11,911 in health care & social assistance. In 2023, employees put in $3.51 for every $1.00 the employer contributed; active participation has grown from 388 to 459 since 2022.

Plan summary
Net assets, end of year$4,853,545
Participants with balances528
Active participants459
Employer contributions$122,561
Employee contributions$430,082
Employer contribution per active participant$267
Average account balance$9,192
Benefits paid to participants$269,277
Plan auditUnmodified (clean) audit opinion
AuditorPENAN & SCOTT, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$7K · 1 accts · $747K emplr
2023$4.9M · 528 accts · $123K emplr
2022$4.0M · 337 accts · $244K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,478
Total administrative$24,478
The Capital Care, Inc. 401(k) match · 2023
Employer contribution per active participant$267
Median for plans this size$1,308
2024$1,376 per active participant
2023$267 per active participant
2022$629 per active participant

Capital Care, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AXA ADVISORS, LLC · Investment advisory (plan)$10,544
NOVA 401(K) ASSOCIATES · Contract administrator$3,875

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$172,989 · 7.12%
2023$24,478 · 0.55%
2022$19,545 · 0.47%
Similar plansHealth Care & Social Assistance · Maryland
Distinctive Home Care Inc MD$5.1M · 1.34%
Bar-T Holding, Inc. MD$5.1M · 0.43%
Lower Shore Clinic, Inc. MD$4.8M · 1.23%
Coastal Hospice, Inc. MD$4.7M · 0.27%
Pathways Inc. MD$4.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202187349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.