Plan Ledger DOL Form 5500 · updated monthly

Care Connection Home Care, LLC401(k)

CARE CONNECTION HOME CARE, LLC 401(K) PLAN · WANTAGH, NY · plan year 2022

Reported admin expense ratio · 2022
1.72%

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

Care Connection Home Care, LLC reported $5,721 in plan administrative expenses for 2022: 1.72% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,556 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 New York (5,487th of 5,648), and 11,492nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$379,558
Participants with balances150
Active participants121
Employer contributions$188,287
Employee contributions—
Employer contribution per active participant$1,556
Average account balance$2,530
Benefits paid to participants$35,245
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $153K emplr
2022$380K · 150 accts · $188K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,721
Total administrative$5,721
The Care Connection Home Care, LLC 401(k) match · 2022
Employer contribution per active participant$1,556
Median for plans this size$331

Care Connection Home Care, LLC's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top 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 history2
2023Not separately reported
2022$5,721 · 1.72%
Similar plansHealth Care & Social Assistance · New York
Dragon Home Care, LLC. NY$444K · 16.46%
Polaris Hcs LLC NY$428K · 1.63%
Empire Care Centers NY$386K · 0.63%
I & Y Senior Care, Inc. NY$379K · 5.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462093378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.