What are the fees in the Classic Care Health Services Inc 401(k) plan?

For plan year 2022, Classic Care Health Services Inc reported $1,134 in plan administrative expenses, or 2.03% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Classic Care Health Services Inc 401(k)?

The average participant account balance was $1,097 for plan year 2022, based on 63 accounts.

Classic Care Health Services Inc401(k)

Name: Classic Care Health Services Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

CLASSIC CARE HEALTH SERVICES INC · HOMEWOOD, IL · plan year 2022

Reported admin expense ratio · 2022

2.03%

Classic Care Health Services Inc reported $1,134 in plan administrative expenses for 2022: 2.03% of average plan assets, higher than ~75% of peers. 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 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (3,671st of 3,702), and 11,819th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$69,111
Participants with balances63
Active participants505
Employer contributions—
Employee contributions$50,560
Employer contribution per active participant—
Average account balance$1,097
Benefits paid to participants$15,881
Plan auditUnmodified (clean) audit opinion
AuditorPRICEKUBECKA

What these fees cost you

Your balance

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$1,134 · 2.03%

Similar plansHealth Care & Social Assistance · Illinois
R.G.U.S., Inc. IL$116K · 0.38%
Hanul Family Alliance IL$107K · 1.37%
Everest Solutions Inc. IL$89K · 1.05%
Living Springs Home Health IL$71K · 0.16%
Integrity Hcc Services IL$45K · 3.45%
Illinois Respite Coalition, Inc IL$26K · 0.01%
Care for Soul Inc IL$15K · 0.02%
Trinity Care Providers IL$14K

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Source: U.S. Department of Labor, Form 5500 series, EIN 364110968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.