Plan Ledger DOL Form 5500 · updated monthly

Home Caregivers Partnership LLC401(k)

CANYON & RED ROCK 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
1.05%

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

Home Caregivers Partnership LLC reported $27,950 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $165 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 1 year on file its reported administrative ratio fell from 2.53% to 1.05%. 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 Utah (671st of 848), and 8,830th of 11,911 in health care & social assistance. In 2024, employees put in $6.47 for every $1.00 the employer contributed; active participation has grown from 1,111 to 1,244 since 2022.

Plan summary
Net assets, end of year$3,605,317
Participants with balances363
Active participants1,244
Employer contributions$205,083
Employee contributions$1,326,944
Employer contribution per active participant$165
Average account balance$9,932
Benefits paid to participants$239,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 363 accts · $205K emplr
2023$1.7M · 302 accts · $178K emplr
2022$312K · 247 accts · $37K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,950
Total administrative$27,950
The Home Caregivers Partnership LLC 401(k) match · 2024
Employer contribution per active participant$165
Median for plans this size$1,313
2024$165 per active participant
2023$157 per active participant
2022$34 per active participant

Home Caregivers Partnership LLC'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.

Administrative cost history3
2024$27,950 · 1.05%
2023$25,558 · 2.53%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · Utah
Aegis Management, LLC UT$4.6M · 1.17%
Cd Newco, LLC UT$4.6M · 0.65%
Aspiro Group Inc UT$3.6M · 0.57%
Kids on the Move, Inc UT$3.4M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201216329 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.