Plan Ledger DOL Form 5500 · updated monthly

Care Indeed, Inc.401(k)

CARE INDEED 401(K) RETIREMENT PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
1.90%

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

Care Indeed, Inc. reported $67,860 in plan administrative expenses for 2024: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $283 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 2.41% to 1.90%. 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 California (7,343rd of 9,483), and 8,480th of 11,911 in health care & social assistance. In 2024, employees put in $8.60 for every $1.00 the employer contributed; active participation has grown from 355 to 391 since 2022.

Plan summary
Net assets, end of year$4,105,667
Participants with balances484
Active participants391
Employer contributions$110,758
Employee contributions$952,118
Employer contribution per active participant$283
Average account balance$8,483
Benefits paid to participants$441,994
Plan auditUnmodified (clean) audit opinion
AuditorCHUGH CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.1M · 484 accts · $111K emplr
2023$3.0M · 453 accts · $90K emplr
2022$2.1M · 405 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,110
Audit (IQPA)$11,750
Total administrative$67,860
The Care Indeed, Inc. 401(k) match · 2024
Employer contribution per active participant$283
Median for plans this size$1,313
2024$283 per active participant
2023$238 per active participant
2022$120 per active participant

Care Indeed, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ADP, INC. · Loan processing · Recordkeeping$56,110
CHUGH CPAS, LLP · Recordkeeping · Pension consulting$11,750
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, CHUGH CPAS, LLP
2023ADP, Bank of America / Merrill

This plan has changed recordkeepers within these filings. If you left Care Indeed, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,860 · 1.90%
2023$331,945 · 12.90%
2022$47,730 · 2.41%
Same employer
Similar plansHealth Care & Social Assistance · California
Reimagine Network CA$4.2M · 0.03%
Eva Care Group, LLC CA$4.1M · 0.72%
Avellino Lab USA, Inc. CA$4.1M · 0.74%
Accesshope, LLC CA$4.1M · 0.19%
Adjoin CA$4.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273187998 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.