Plan Ledger DOL Form 5500 · updated monthly

Home Health and Hospice Care, Inc.401(k)

HOME HEALTH AND HOSPICE CARE, INC. 401(K) PLAN · GOLDSBORO, NC · plan year 2023

Reported admin expense ratio · 2023
0.49%

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

Home Health and Hospice Care, Inc. reported $79,967 in plan administrative expenses for 2023: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,869 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 0.49% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 786th-largest of 2,005 plans among North Carolina employers on file, and the 4,029th of 11,911 in health care & social assistance. In 2023, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,673,145
Participants with balances645
Active participants429
Employer contributions$801,727
Employee contributions$1,138,175
Employer contribution per active participant$1,869
Average account balance$27,400
Benefits paid to participants$1,320,464
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 559 accts · $749K emplr
2023$17.7M · 645 accts · $802K emplr
2022$14.8M · 525 accts · $790K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$76,891
Investment management$3,076
Total administrative$79,967
The Home Health and Hospice Care, Inc. 401(k) match · 2023
Employer contribution per active participant$1,869
Median for plans this size$2,440
2024$1,806 per active participant
2023$1,869 per active participant
2022$1,860 per active participant

Home Health and Hospice Care, Inc.'s 2023 employer contribution ran below the $2,440 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 · 20233
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$3,076
JANNEY MONTGOMERY SCOTT LLCindirect comp

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

Administrative cost history3
2024$111,624 · 0.64%
2023$79,967 · 0.49%
2022$77,527 · 0.49%
Same employer
Similar plansHealth Care & Social Assistance · North Carolina

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Source: U.S. Department of Labor, Form 5500 series, EIN 562160050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.