Plan Ledger DOL Form 5500 · updated monthly

Health Care for the Homeless, Inc.403(b)

TAX-DEFERRED ANNUITY PLAN FOR EMPLOYEES OF HEALTH CARE FOR THE HOMELESS, INC. · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Health Care for the Homeless, Inc. reported $60,728 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $7 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 0.77% to 0.70%. 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 Maryland (1,046th of 1,671), and 6,104th of 11,911 in health care & social assistance. In 2024, employees put in $659.17 for every $1.00 the employer contributed; active participation has shrunk from 220 to 197 since 2022.

Plan summary
Net assets, end of year$8,849,760
Participants with balances412
Active participants197
Employer contributions$1,436
Employee contributions$946,566
Employer contribution per active participant$7
Average account balance$21,480
Benefits paid to participants$1,511,315
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 412 accts · $1K emplr
2023$8.4M · 422 accts
2022$6.7M · 360 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,993
Investment management$16,735
Total administrative$60,728
Employer contributions to the Health Care for the Homeless, Inc. plan · 2024
Employer contribution per active participant$7
Median for plans this size$1,313

Health Care for the Homeless, Inc.'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 · Recordkeeping · Loan processing$37,328
GREENSPRING ADVISORS LLC · Recordkeeping · Trustee$16,735
RETIREMENT MANAGEMENT SERVICES LLC · Recordkeeping · Pension consulting$6,380

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, ELLIN & TUCKER, GREENSPRING ADVISORS LLC, GREENSPRING ADVISORS, LLC, RETIREMENT MANAGEMENT SERVICES LLC
2023ADP, ELLIN & TUCKER, GREENSPRING ADVISORS LLC, GREENSPRING ADVISORS, LLC, RETIREMENT MANAGEMENT SERVICES LLC

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

Administrative cost history3
2024$60,728 · 0.70%
2023$76,593 · 1.02%
2022$53,684 · 0.77%
All plans at this employer2
TAX-DEFERRED ANNUITY PLAN FOR EMPLOYEES OF HEALTH CARE FOR THE HOMELESS, INC.403(b)
THE 401(A) PROFIT-SHARING PLAN OF HEALTH CARE FOR THE HOMELESSProfit-sharing plan
Same employer
Similar plansHealth Care & Social Assistance · Maryland
Delfi Diagnostics, Inc. MD$8.8M · 0.38%
Maryland Medicine, P.A. MD$8.7M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 521576404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.