Plan Ledger DOL Form 5500 · updated monthly

Divine Healing Home Care LLC401(k)

DIVINE HEALING HOME CARE LLC 401(K) PROFIT SHARING PLAN & TRUST · BROOKLYN CENTER, MN · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Divine Healing Home Care LLC reported $563 in plan administrative expenses for 2022: 0.54% of average plan assets, below the peer median. Employer contributions averaged $41 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 0.24% to 0.54%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,909th of 1,918), and 11,761st of 11,911 in health care & social assistance. In 2022, employees put in $3.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$116,061
Participants with balances13
Active participants206
Employer contributions$8,459
Employee contributions$30,399
Employer contribution per active participant$41
Average account balance$8,928
Plan auditUnmodified (clean) audit opinion
AuditorBD & COMPANY, INC
Plan history2
Yearassets · accounts · employer contribution
2022$116K · 13 accts · $8K emplr
2020$36K · $7K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$563
Total administrative$563
The Divine Healing Home Care LLC 401(k) match · 2022
Employer contribution per active participant$41
Median for plans this size$331
2022$41 per active participant
2020$39 per active participant

Divine Healing Home Care LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$563 · 0.54%
2020$86 · 0.24%
Similar plansHealth Care & Social Assistance · Minnesota
Melody Cares Inc MN$137K · 0.04%
Ywca of Minneapolis MN$135K · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 473066686 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.