Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Home Health Care, Inc.401(k)

COMMONWEALTH HOME HEALTH CARE, INC. 401(K) PLAN · DANVILLE, VA · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Commonwealth Home Health Care, Inc. reported $44,202 in plan administrative expenses for 2022: 0.78% of average plan assets, above the peer median. Employer contributions averaged $782 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 Virginia (1,818th of 2,266), and 7,833rd of 11,911 in health care & social assistance. In 2022, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,146,950
Participants with balances83
Active participants135
Employer contributions$105,529
Employee contributions$226,697
Employer contribution per active participant$782
Average account balance$62,011
Benefits paid to participants$249,765
Plan auditDisclaimer of opinion
AuditorHARRIS, HARVEY, NEAL & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,173
Professional / advisory$38,029
Total administrative$44,202
The Commonwealth Home Health Care, Inc. 401(k) match · 2022
Employer contribution per active participant$782
Median for plans this size$1,114

Commonwealth Home Health Care, Inc.'s 2022 employer contribution ran below 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.

Administrative cost history1
2022$44,202 · 0.78%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Cornerstones, Inc. VA$5.4M · 0.38%
Warm Hearth, Inc. VA$4.6M · 0.62%
The Daily Planet VA$4.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541216573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.