Plan Ledger DOL Form 5500 · updated monthly

Care Ventures, Inc.401(k)

CARE VENTURES, INC. 401(K) PROFIT SHARING PLAN · CUMBERLAND, MD · plan year 2024

Reported admin expense ratio · 2024
0.26%

Care Ventures, Inc. reported $24,731 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. 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 0.33% to 0.26%. 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 Maryland (999th of 1,671), and the 5,731st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$9,910,610
Participants with balances295
Active participants243
Employer contributions—
Employee contributions$374,020
Employer contribution per active participant—
Average account balance$33,595
Benefits paid to participants$390,766
Plan auditUnmodified (clean) audit opinion
AuditorTURNBULL, HOOVER & KAHL, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 295 accts
2023$8.8M · 333 accts
2022$7.6M · 350 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,731
Total administrative$24,731
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 · 20243
CAPITAL GROUP RETIREMENT PLAN SVCS · Recordkeeping · Investment management$1,200
TURNBULL, HOOVER & KAHL, PA. · Accounting / audit$12,265
SETAWAY, LLC · Consulting$8,150

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024CAPITAL GROUP RETIREMENT PLAN SVCS
2023CAPITAL GROUP RETIREMENT PLAN SVCS

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

Administrative cost history3
2024$24,731 · 0.26%
2023$48,443 · 0.59%
2022$28,501 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Total Health Care Inc. MD$11.0M · 0.68%
Family Services, Inc. MD$10.3M · 0.04%
Seec, Inc. MD$9.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522323856 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.