Plan Ledger DOL Form 5500 · updated monthly

Golden Touch Home Health LLC401(k)

GOLDEN TOUCH HOME HEALTH RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
2.69%

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

Golden Touch Home Health LLC reported $22,192 in plan administrative expenses for 2024: 2.69% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1 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 34.65% to 2.69%. 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 (5,371st of 5,648), and 11,023rd of 11,911 in health care & social assistance. active participation has grown from 3,735 to 5,569 since 2022.

Plan summary
Net assets, end of year$858,050
Participants with balances253
Active participants5,569
Employer contributions$5,040
Employee contributions—
Employer contribution per active participant$1
Average account balance$3,392
Benefits paid to participants$14,449
Plan auditUnmodified (clean) audit opinion
AuditorROST & COMPANY CPA'S PC
Plan history3
Yearassets · accounts · employer contribution
2024$858K · 253 accts · $5K emplr
2023$793K · 276 accts · $279K emplr
2022$463K · 545 accts · $624K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,192
Total administrative$22,192
The Golden Touch Home Health LLC 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$540
2024$1 per active participant
2023$57 per active participant
2022$167 per active participant

Golden Touch Home Health LLC's 2024 employer contribution ran below the $540 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 · 20241
ADP, INC. · Recordkeeping$22,191

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$22,192 · 2.69%
2023$31,365 · 5.00%
2022$160,354 · 34.65%
Similar plansHealth Care & Social Assistance · New York
Enable My Child, LTD NY$958K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474973120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.