Plan Ledger DOL Form 5500 · updated monthly

Choice Homecare, Inc.401(k)

CHOICE HOME CARE 401(K) PROFIT SHARING PLAN · SHERMAN OAKS, CA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Choice Homecare, Inc. reported $3,490 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $59 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,055th of 9,483), and 9,580th of 11,911 in health care & social assistance. In 2022, employees put in $4.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,567,521
Participants with balances243
Active participants470
Employer contributions$27,650
Employee contributions$112,464
Employer contribution per active participant$59
Average account balance$10,566
Benefits paid to participants$49,028
Plan auditUnmodified (clean) audit opinion
AuditorKMJ CORBIN & COMPANY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,490
Total administrative$3,490
The Choice Homecare, Inc. 401(k) match · 2022
Employer contribution per active participant$59
Median for plans this size$1,114

Choice Homecare, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,490 · 0.12%
Similar plansHealth Care & Social Assistance · California
Kingdom Causes, Inc. CA$2.6M · 0.93%
Primary Diagnostics, Inc. CA$2.6M · 1.09%
Statrad, LLC CA$2.6M · 0.61%
Royal Ambulance CA$2.6M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300216085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.