Plan Ledger DOL Form 5500 · updated monthly

Community Nurse Home Care, Inc.DC plan

403(B) THRIFT PLAN OF COMMUNITY NURSE HOME CARE, INC. · FAIRHAVEN, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Community Nurse Home Care, Inc. reported $3,059 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,090 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 rose from 0.01% to 0.02%. 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 among the smaller plans on file in Massachusetts (1,519th of 2,726), and the 4,344th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 272 to 225 since 2022.

Plan summary
Net assets, end of year$15,752,759
Participants with balances225
Active participants225
Employer contributions$245,154
Employee contributions$487,066
Employer contribution per active participant$1,090
Average account balance$70,012
Benefits paid to participants$1,550,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 225 accts · $245K emplr
2023$14.9M · 272 accts · $223K emplr
2022$12.6M · 271 accts · $232K emplr
Employer contributions to the Community Nurse Home Care, Inc. plan · 2024
Employer contribution per active participant$1,090
Median for plans this size$2,416
2024$1,090 per active participant
2023$822 per active participant
2022$853 per active participant

Community Nurse Home Care, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$3,461

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,059 · 0.02%
2023$3,690 · 0.03%
2022$1,170 · 0.01%
Similar plansHealth Care & Social Assistance · Massachusetts
Bridgewell, Incorporated MA$16.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.