Plan Ledger DOL Form 5500 · updated monthly

Elmwood Home Care Inc401(k)

ELMWOOD HOME CARE INC 401(K) PROFIT SHARING PLAN & TRUST · PROVIDENCE, RI · plan year 2022

Reported admin expense ratio · 2022
1.41%

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

Elmwood Home Care Inc reported $8,155 in plan administrative expenses for 2022: 1.41% of average plan assets, above the peer median. Employer contributions averaged $0 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 other services employers. By assets it is among the smaller plans on file in Rhode Island (281st of 286), and 3,148th of 3,341 in other services.

Plan summary
Net assets, end of year$637,594
Participants with balances468
Active participants215
Employer contributions$0
Employee contributions$237,145
Employer contribution per active participant$0
Average account balance$1,362
Benefits paid to participants$37,436
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,990
Investment management$3,165
Total administrative$8,155
The Elmwood Home Care Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Elmwood Home Care Inc'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 history1
2022$8,155 · 1.41%
Similar plansOther Services · Rhode Island
Coastline Eap RI$13.9M · 0.08%
Looking Upwards, Inc. RI$9.1M · 0.67%
Frank Olean Center, Inc. RI$1.6M · 0.07%
Repairsmith, Inc. CA$654K · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810964576 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.