Plan Ledger DOL Form 5500 · updated monthly

Holding Hands, Inc.401(k)

HOLDING HANDS PEDIATRIC THERAPY AND ADULT SERVICES 401(K) PLAN · BURBANK, CA · plan year 2022

Reported admin expense ratio · 2022
2.07%

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

Holding Hands, Inc. reported $17,100 in plan administrative expenses for 2022: 2.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $404 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,897th of 9,483), and 11,033rd of 11,911 in health care & social assistance. In 2022, employees put in $2.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$848,610
Participants with balances61
Active participants185
Employer contributions$74,746
Employee contributions$203,246
Employer contribution per active participant$404
Average account balance$13,912
Benefits paid to participants$81,466
Plan auditUnmodified (clean) audit opinion
AuditorAUDIT AND TAX SOLUTIONS CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,586
Investment management$8,514
Total administrative$17,100
The Holding Hands, Inc. 401(k) match · 2022
Employer contribution per active participant$404
Median for plans this size$331

Holding Hands, Inc.'s 2022 employer contribution ran above the $331 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$17,100 · 2.07%
Similar plansHealth Care & Social Assistance · California
La Laser CA$888K · 1.89%
My Life Foundation, Inc. CA$868K · 0.44%
Carenet Services, Inc. CA$841K · 0.04%
Marque Medical, LLC CA$831K · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770605945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.