Plan Ledger DOL Form 5500 · updated monthly

Carering Health, LLC401(k)

CARERING 401(K) PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Carering Health, LLC reported $12,213 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $156 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 $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 Kentucky (765th of 871), and 9,829th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,267,614
Participants with balances230
Active participants1,901
Employer contributions$296,052
Employee contributions$491,416
Employer contribution per active participant$156
Average account balance$9,859
Benefits paid to participants$604,905
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,213
Total administrative$12,213
The Carering Health, LLC 401(k) match · 2024
Employer contribution per active participant$156
Median for plans this size$1,313

Carering Health, LLC'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 · 20241
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$12,213

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

Administrative cost history1
2024$12,213 · 0.60%
Similar plansHealth Care & Social Assistance · Kentucky
Carering Health, LLC KY$2.3M · 0.60%
Pensacola Health Partners KY$2.2M · 1.19%
Isaiah House, Inc. KY$2.0M · 1.22%
HC269, LLC KY$1.7M · 1.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811260980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.