Plan Ledger DOL Form 5500 · updated monthly

Care Advantage, Inc.Profit-sharing plan

CARE ADVANTAGE, INC. PROFIT SHARING PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.18%

Care Advantage, Inc. reported $5,453 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. 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 fell from 0.74% to 0.18%. 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 Virginia (1,980th of 2,266), and 9,095th of 11,911 in health care & social assistance. active participation has shrunk from 354 to 211 since 2022.

Plan summary
Net assets, end of year$3,224,783
Participants with balances127
Active participants211
Employer contributions—
Employee contributions$381,336
Employer contribution per active participant—
Average account balance$25,392
Benefits paid to participants$309,974
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 127 accts
2023$2.9M · 11 accts
2022$2.4M · 120 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,453
Total administrative$5,453
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 · 20245
NATIONWIDE · Recordkeeping · Custodial$1,047
PRO ACCOUNT · Investment advisory (participants)$1,947
IRON FIDUCIARY · Investment advisory (participants)$1,541
AB&D CO · Pension consulting$1,157
RBC CAPITAL MARKETS LLC · Investment advisory (participants) · Investment advisory (plan)indirect 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
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$5,453 · 0.18%
2023$23,089 · 0.88%
2022$15,900 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Goodwill Services, Inc. VA$2.9M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541447338 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.