Plan Ledger DOL Form 5500 · updated monthly

Caring Professionals Homecare, Inc.401(k)

CARING PROFESSIONALS HOMECARE 401(K) PLAN · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Caring Professionals Homecare, Inc. reported $322 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $375 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 under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,900th of 1,918), and 11,603rd of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$270,233
Participants with balances289
Active participants274
Employer contributions$102,659
Employee contributions$172,904
Employer contribution per active participant$375
Average account balance$935
Benefits paid to participants$7,755
Plan auditUnmodified (clean) audit opinion
AuditorMAHONEYULBRICHCHRISTIANSEN&RUSSPA
Administrative expenses, itemized · 2024
Investment management$322
Total administrative$322
The Caring Professionals Homecare, Inc. 401(k) match · 2024
Employer contribution per active participant$375
Median for plans this size$540

Caring Professionals Homecare, Inc.'s 2024 employer contribution ran below the $540 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.

Administrative cost history1
2024$322 · 0.12%
Similar plansHealth Care & Social Assistance · Minnesota
Bs Homecare Inc. MN$333K · 0.96%
Youthlink MN$324K · 1.89%
Twsl, LLC MN$291K · 1.60%
Rainbow Home Health Care MN$210K · 0.48%
Melody Cares Inc MN$137K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472947725 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.