Plan Ledger DOL Form 5500 · updated monthly

Elder Care Alternative Inc401(k)

ELDER CARE ALTERNATIVE INC 401(K) PROFIT SHARING PLAN & TRUST · SPRINGFIELD, PA · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Elder Care Alternative Inc reported $2,024 in plan administrative expenses for 2022: 0.49% of average plan assets, below the peer median. Employer contributions averaged $174 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 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 Pennsylvania (3,587th of 3,651), and 11,525th of 11,911 in health care & social assistance. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$351,659
Participants with balances28
Active participants140
Employer contributions$24,359
Employee contributions$35,353
Employer contribution per active participant$174
Average account balance$12,559
Benefits paid to participants$113,220
Plan auditUnmodified (clean) audit opinion
AuditorBRINKER SIMPSON & COMPANY, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$980
Investment management$1,044
Total administrative$2,024
The Elder Care Alternative Inc 401(k) match · 2022
Employer contribution per active participant$174
Median for plans this size$331

Elder Care Alternative Inc's 2022 employer contribution ran below the $331 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$2,024 · 0.49%
Similar plansHealth Care & Social Assistance · Pennsylvania
Your Own Home Inc PA$419K · 0.84%
Epeople Health Care Inc PA$393K · 3.18%
Gwynedd Healthcare LLC PA$349K · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810553975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.