Plan Ledger DOL Form 5500 · updated monthly

Dependable Home Health Care, Inc.401(k)

DEPENDABLE HOME HEALTH CARE, INC. 401(K) SAVINGS PLAN · ST. PAUL, MN · plan year 2023

Reported admin expense ratio · 2023
1.26%

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

Dependable Home Health Care, Inc. reported $33,162 in plan administrative expenses for 2023: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $983 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 1 year on file its reported administrative ratio rose from 0.84% to 1.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,732nd of 1,918), and 9,353rd of 11,911 in health care & social assistance. In 2023, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,874,284
Participants with balances208
Active participants252
Employer contributions$247,713
Employee contributions$514,800
Employer contribution per active participant$983
Average account balance$13,819
Benefits paid to participants$644,732
Plan auditUnmodified (clean) audit opinion
AuditorDS&B
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$2.9M · 208 accts · $248K emplr
2022$2.4M · 167 accts · $221K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,417
Investment management$12,745
Total administrative$33,162
The Dependable Home Health Care, Inc. 401(k) match · 2023
Employer contribution per active participant$983
Median for plans this size$1,308
2023$983 per active participant
2022$885 per active participant

Dependable Home Health Care, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$12,440
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$12,745
TAX SHELTERED COMPENSATION, INC. · Contract administrator · Investment advisory (plan)$8,495

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024Not separately reported
2023$33,162 · 1.26%
2022$19,074 · 0.84%
Similar plansHealth Care & Social Assistance · Minnesota
Vail Place MN$2.9M · 0.07%
Lutheran Homes MN$2.8M · 0.41%
Relate, Inc. MN$2.8M · 0.11%
Open Door Health Center MN$2.8M · 0.01%
The Link MN$2.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411718776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.