Plan Ledger DOL Form 5500 · updated monthly

Care Hospice, Inc.401(k)

CARE HOSPICE, INC. 401(K) PLAN · CHARLOTTESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Care Hospice, Inc. reported $53,688 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,335 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 fell from 0.23% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 471st-largest of 2,266 plans among Virginia employers on file, and the 1,806th of 11,911 in health care & social assistance. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 2,385 to 2,845 since 2022.

Plan summary
Net assets, end of year$52,202,914
Participants with balances2,292
Active participants2,845
Employer contributions$3,796,793
Employee contributions$8,874,648
Employer contribution per active participant$1,335
Average account balance$22,776
Benefits paid to participants$8,007,829
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.2M · 2,292 accts · $3.8M emplr
2023$40.6M · 2,263 accts · $3.7M emplr
2022$28.0M · 2,504 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,688
Total administrative$53,688
The Care Hospice, Inc. 401(k) match · 2024
Employer contribution per active participant$1,335
Median for plans this size$2,416
2024$1,335 per active participant
2023$1,542 per active participant
2022$1,373 per active participant

Care Hospice, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ADP, INC. · Recordkeeping$53,688
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$53,688 · 0.12%
2023$57,429 · 0.17%
2022$55,396 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Atlantic Anesthesia, Inc. VA$51.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800963620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.