Plan Ledger DOL Form 5500 · updated monthly

Comcare, Inc.403(b)

COMCARE, INC. 401(K) PLAN · GREENEVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
0.93%

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

Comcare, Inc. reported $31,608 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,172 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 fell from 0.93% to 0.83%. 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 Tennessee (1,195th of 1,496), and 8,879th of 11,911 in health care & social assistance. In 2022, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,544,906
Participants with balances189
Active participants125
Employer contributions$146,454
Employee contributions$195,123
Employer contribution per active participant$1,172
Average account balance$18,756
Benefits paid to participants$345,089
Plan auditUnmodified (clean) audit opinion
AuditorCRAINE, THOMPSON & JONES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 178 accts · $156K emplr
2023$3.1M · 181 accts · $153K emplr
2022$3.5M · 189 accts · $146K emplr
Administrative expenses, itemized · 2022
Investment management$599
Professional / advisory$27,595
Total administrative$31,608
The Comcare, Inc. 401(k) match · 2022
Employer contribution per active participant$1,172
Median for plans this size$1,114
2024$1,216 per active participant
2023$1,264 per active participant
2022$1,172 per active participant

Comcare, Inc.'s 2022 employer contribution ran above the $1,114 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.

Recordkeeper by year2
2024TENNESSEE PENSION ADMINISTRATORS, Transamerica
2023TENNESSEE PENSION ADMINISTRATORS, Transamerica

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Administrative cost history3
2024$26,826 · 0.83%
2023$27,977 · 0.84%
2022$31,608 · 0.93%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
Adherehealth, LLC TN$3.6M · 0.14%
Abco Group, Inc. TN$3.5M · 1.00%
Coffee Medical Group, LLC TN$3.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621019649 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.