What are the fees in the Hennepin Home Health Care, Inc. 401(k) plan?

For plan year 2022, Hennepin Home Health Care, Inc. reported $3,975 in plan administrative expenses, or 0.24% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Hennepin Home Health Care, Inc. 401(k)?

The average participant account balance was $25,618 for plan year 2022, based on 61 accounts.

Hennepin Home Health Care, Inc.401(k)

Name: Hennepin Home Health Care, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

HENNEPIN HOME HEALTH 401(K) RETIREMENT PLAN · BROOKLYN PARK, MN · plan year 2022

Reported admin expense ratio · 2022

0.24%

Hennepin Home Health Care, Inc. reported $3,975 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,817th of 1,918), and 10,416th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,562,726
Participants with balances61
Active participants126
Employer contributions—
Employee contributions$156,411
Employer contribution per active participant—
Average account balance$25,618
Benefits paid to participants$87,363
Plan auditUnmodified (clean) audit opinion
AuditorRICK ELLINGSON

What these fees cost you

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$3,975 · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411760483 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.