Plan Ledger DOL Form 5500 · updated monthly

Home Care Associates Inc401(k)

HOME INSTEAD SENIOR CARE 401(K) PLAN · NY, NY · plan year 2022

Reported admin expense ratio · 2022
0.24%

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

Home Care Associates Inc reported $3,731 in plan administrative expenses for 2022: 0.24% of average plan assets, below the peer median. Employer contributions averaged $343 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 $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 New York (5,230th of 5,648), and 10,470th of 11,911 in health care & social assistance. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,497,454
Participants with balances53
Active participants196
Employer contributions$67,290
Employee contributions$143,670
Employer contribution per active participant$343
Average account balance$28,254
Benefits paid to participants$64,110
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$3,731
Total administrative$3,731
The Home Care Associates Inc 401(k) match · 2022
Employer contribution per active participant$343
Median for plans this size$1,114

Home Care Associates Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,731 · 0.24%
Similar plansHealth Care & Social Assistance · New York
Aptihealth Medical, PLLC NY$1.5M · 0.16%
Glove House, Inc. NY$1.3M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020637501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.