Plan Ledger DOL Form 5500 · updated monthly

Carolina Hearts Home Care401(k)

CAROLINA HEARTS HOME CARE 401(K) P/S PLAN · LAURINBURG, NC · plan year 2022

Reported admin expense ratio · 2022
0.72%

Carolina Hearts Home Care reported $584 in plan administrative expenses for 2022: 0.72% 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 3 years on file its reported administrative ratio fell from 3.25% to 0.72%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in North Carolina (1,994th of 2,005), and 11,799th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$82,216
Participants with balances27
Active participants100
Employer contributions—
Employee contributions$27,312
Employer contribution per active participant—
Average account balance$3,045
Benefits paid to participants$9,734
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS,LLP
Plan history2
Yearassets · accounts · employer contribution
2022$82K · 27 accts
2019$46K
Administrative expenses, itemized · 2022
Professional / advisory$584
Total administrative$584
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 history2
2022$584 · 0.72%
2019$1,273 · 3.25%
Similar plansHealth Care & Social Assistance · North Carolina
Kla Schools FL$84K · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203313215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.