Plan Ledger DOL Form 5500 · updated monthly

Home and Community Options, Inc.401(k)

HOME AND COMMUNITY OPTIONS, INC. 401(K) PROFIT SHARING PLAN · WINONA, MN · plan year 2023

Reported admin expense ratio · 2023
0.00%

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

Home and Community Options, Inc. reported $263 in plan administrative expenses for 2023: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $916 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 0.006% to 0.009%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Minnesota (1,512th of 1,918), and 7,346th of 11,911 in health care & social assistance. In 2023, employees put in $1.79 for every $1.00 the employer contributed; active participation has grown from 66 to 126 since 2022.

Plan summary
Net assets, end of year$6,005,121
Participants with balances118
Active participants126
Employer contributions$115,409
Employee contributions$206,157
Employer contribution per active participant$916
Average account balance$50,891
Benefits paid to participants$296,639
Plan auditUnmodified (clean) audit opinion
AuditorHAWKINS ASH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 115 accts · $113K emplr
2023$6.0M · 118 accts · $115K emplr
2022$5.1M · 121 accts · $115K emplr
The Home and Community Options, Inc. 401(k) match · 2023
Employer contribution per active participant$916
Median for plans this size$1,308
2024$760 per active participant
2023$916 per active participant
2022$1,739 per active participant

Home and Community Options, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$263

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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Administrative cost history3
2024$528 · 0.01%
2023$263 · 0.00%
2022$316 · 0.01%
Similar plansHealth Care & Social Assistance · Minnesota
Minnesota Womens Care PA MN$6.0M · 0.03%
Smdc Medical Center MN$6.0M · 0.02%
Accurate Home Care, LLC MN$5.9M · 0.82%
Samaritan Bethany, Inc. MN$5.8M · 0.69%
Touchstone Mental Health MN$5.8M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411855958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.