Plan Ledger DOL Form 5500 · updated monthly

Handicare USA, Inc.401(k)

HANDICARE USA, INC. 401(K) PROFIT SHARING PLAN & TRUST · MARYLAND HEIGHTS, MO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Handicare USA, Inc. reported $33,909 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,884 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 rose from 0.29% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (899th of 1,393), and 9,259th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,940,891
Participants with balances281
Active participants145
Employer contributions$418,185
Employee contributions$765,899
Employer contribution per active participant$2,884
Average account balance$31,818
Benefits paid to participants$1,087,561
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 281 accts · $418K emplr
2023$7.8M · 284 accts · $386K emplr
2022$6.5M · 272 accts · $372K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,568
Investment management$4,341
Total administrative$33,909
The Handicare USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,884
Median for plans this size$1,313
2024$2,884 per active participant
2023$2,538 per active participant
2022$2,697 per active participant

Handicare USA, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
EMPOWER ADVISORY GROUP, LLC · Investment management$4,341

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

Administrative cost history3
2024$33,909 · 0.41%
2023$26,637 · 0.37%
2022$20,388 · 0.29%
Same employer
Similar plansManufacturing · Missouri
Rx Systems, Inc. MO$9.1M · 0.69%
Polytainers, Inc. MO$9.0M · 0.56%
Biotab LLC MO$9.0M · 0.36%
Lifeline Foods, LLC MO$8.9M · 0.77%
Meyer Laboratory, Inc. MO$8.5M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980393527 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.