Plan Ledger DOL Form 5500 · updated monthly

Family Care Visiting Nurse & H401(k)

FAMILY CARE VISITING NURSE & H 401(K) PROFIT SHARING PLAN & TRUST · STRATFORD, CT · plan year 2024

Reported admin expense ratio · 2024
1.53%

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

Family Care Visiting Nurse & H reported $59,687 in plan administrative expenses for 2024: 1.53% of average plan assets, higher than ~90% of peers. 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.

Across the 2 years on file its reported administrative ratio fell from 1.78% to 1.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (948th of 1,106), and 8,384th of 11,911 in health care & social assistance. active participation has shrunk from 372 to 233 since 2022.

Plan summary
Net assets, end of year$4,240,359
Participants with balances285
Active participants233
Employer contributions$0
Employee contributions$437,791
Employer contribution per active participant$0
Average account balance$14,878
Benefits paid to participants$122,580
Plan auditUnmodified (clean) audit opinion
AuditorACCAVALLO & COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 285 accts
2023$3.5M · 293 accts
2022$2.7M · 291 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,467
Investment management$11,360
Trustee / custodial$860
Total administrative$59,687
The Family Care Visiting Nurse & H 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Family Care Visiting Nurse & H's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$42,727
MORRISSEY WEALTH MANAGEMENT · Investment advisory (participants)$11,360

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

Recordkeeper by year2
2024Paychex
2023MORRISSEY WEALTH MANAGEMENT, Paychex

This plan has changed recordkeepers within these filings. If you left Family Care Visiting Nurse & H before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,687 · 1.53%
2023$56,171 · 1.80%
2022$51,944 · 1.78%
Similar plansHealth Care & Social Assistance · Connecticut
Bradley Home for the Aged CT$4.3M · 0.46%
The Suffield Manor CT$4.2M · 0.83%
Hebrew Health Care, Inc. CT$4.2M · 0.95%
Acord, Inc. CT$3.8M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061409542 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.