Plan Ledger DOL Form 5500 · updated monthly

Dragon Home Care, LLC.401(k)

DRAGON HOME CARE RETIREMENT, PLAN · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
16.46%

Dragon Home Care, LLC. reported $53,060 in plan administrative expenses for 2024: 16.46% of average plan assets, higher than ~90% of peers. 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 0.06% to 16.46%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,471st of 5,648), and 11,417th of 11,911 in health care & social assistance. active participation has grown from 646 to 1,113 since 2022.

Plan summary
Net assets, end of year$443,765
Participants with balances650
Active participants1,113
Employer contributions—
Employee contributions$256,007
Employer contribution per active participant—
Average account balance$683
Benefits paid to participants$2,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$444K · 650 accts
2023$201K · 428 accts
2022$12K · 175 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,461
Investment management$2,599
Total administrative$53,060
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
ADP, INC. · Recordkeeping$50,460

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$53,060 · 16.46%
2023$40,577 · 38.08%
2022$8 · 0.06%
Similar plansHealth Care & Social Assistance · New York
Polaris Hcs LLC NY$428K · 1.63%
Empire Care Centers NY$386K · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465634150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.