Plan Ledger DOL Form 5500 · updated monthly

Family Matters In-Home Care, LLC401(k)

FAMILY MATTERS IN-HOME CARE 401(K) PLAN · CAMPBELL, CA · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Family Matters In-Home Care, LLC reported $34,752 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $440 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 2.06% to 1.41%. 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 California (7,982nd of 9,483), and 9,479th of 11,911 in health care & social assistance. In 2024, employees put in $5.03 for every $1.00 the employer contributed; active participation has shrunk from 214 to 159 since 2022.

Plan summary
Net assets, end of year$2,717,804
Participants with balances137
Active participants159
Employer contributions$69,984
Employee contributions$352,168
Employer contribution per active participant$440
Average account balance$19,838
Benefits paid to participants$167,203
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 137 accts · $70K emplr
2023$2.2M · 145 accts · $66K emplr
2022$1.7M · 169 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,769
Investment management$16,983
Total administrative$34,752
The Family Matters In-Home Care, LLC 401(k) match · 2024
Employer contribution per active participant$440
Median for plans this size$1,313
2024$440 per active participant
2023$452 per active participant
2022$596 per active participant

Family Matters In-Home Care, LLC'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 · 20243
ADP, INC. · Loan processing · Recordkeeping$17,769
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$16,982
ADP BROKER-DEALER · Other servicesindirect comp

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, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024$34,752 · 1.41%
2023$33,954 · 1.73%
2022$35,286 · 2.06%
Same employer
Similar plansHealth Care & Social Assistance · California
Health Source Mso Inc CA$2.8M · 1.02%
Medwatchers, Inc. CA$2.7M · 0.22%
Sass Mso LLC CA$2.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461862677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.