Plan Ledger DOL Form 5500 · updated monthly

Commcare Corporation401(k)

COMMCARE CORPORATION 401(K) PLAN · MANDEVILLE, LA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Commcare Corporation reported $92,426 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $881 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 0.62% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 244th-largest of 884 plans among Louisiana employers on file, and the 3,580th of 11,911 in health care & social assistance. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 1,061 to 1,911 since 2022.

Plan summary
Net assets, end of year$20,828,060
Participants with balances1,627
Active participants1,911
Employer contributions$1,682,911
Employee contributions$3,220,926
Employer contribution per active participant$881
Average account balance$12,802
Benefits paid to participants$2,947,965
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 1,627 accts · $1.7M emplr
2023$16.7M · 1,488 accts · $1.4M emplr
2022$13.3M · 1,028 accts · $979K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$66,570
Investment management$3,338
Audit (IQPA)$9,000
Total administrative$92,426
The Commcare Corporation 401(k) match · 2024
Employer contribution per active participant$881
Median for plans this size$2,416
2024$881 per active participant
2023$700 per active participant
2022$923 per active participant

Commcare Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JONES WALKER · Legal$13,519
CARR, RIGGS & INGRAM, LLC · Accounting / audit$9,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$92,426 · 0.49%
2023$75,722 · 0.51%
2022$86,608 · 0.62%
Same employer
Similar plansHealth Care & Social Assistance · Louisiana
Lifeshare Blood Center LA$23.8M · 0.05%
Eye Medical Center LA$22.1M · 0.02%
Southern Urology, LLC LA$20.6M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720996315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.