Plan Ledger DOL Form 5500 · updated monthly

Caring Hands Animal Hospital, Inc.401(k)

CARING HANDS ANIMAL HOSPITAL 401(K) PLAN · CENTREVILLE, VA · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Caring Hands Animal Hospital, Inc. reported $29,697 in plan administrative expenses for 2022: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,707 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 rose from 0.29% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,529th of 2,266), and 8,335th of 11,654 in professional & technical services. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,963,828
Participants with balances201
Active participants236
Employer contributions$402,889
Employee contributions$800,106
Employer contribution per active participant$1,707
Average account balance$44,596
Benefits paid to participants$1,088,587
Plan auditUnmodified (clean) audit opinion
AuditorCST GROUP CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · $184K emplr
2023$4.6M · 149 accts · $136K emplr
2022$9.0M · 201 accts · $403K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,775
Investment management$22,922
Total administrative$29,697
The Caring Hands Animal Hospital, Inc. 401(k) match · 2022
Employer contribution per active participant$1,707
Median for plans this size$2,266
2023$67,764 per active participant
2022$1,707 per active participant

Caring Hands Animal Hospital, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$28,350 · 0.42%
2023$28,350 · 0.42%
2022$29,697 · 0.29%
Similar plansProfessional & Technical Services · Virginia
Blue Force, Inc. VA$9.2M · 0.16%
Rid Ventures, LLC VA$8.9M · 0.68%
Loch Harbour Group Inc VA$8.7M · 0.84%
Synchron, LLC VA$8.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541824551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.