Plan Ledger DOL Form 5500 · updated monthly

Homecare Products, Inc.401(k)

HOMECARE PRODUCTS RETIREMENT PLAN · AUBURN, WA · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Homecare Products, Inc. reported $35,453 in plan administrative expenses for 2024: 0.60% of average plan assets, above the peer median. Employer contributions averaged $1,252 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 0.25% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,263rd of 1,714), and 10,470th of 13,661 in manufacturing. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,413,424
Participants with balances124
Active participants244
Employer contributions$305,547
Employee contributions$447,095
Employer contribution per active participant$1,252
Average account balance$51,721
Benefits paid to participants$413,763
Plan auditUnmodified (clean) audit opinion
AuditorCORNELL, NEHER & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 124 accts · $306K emplr
2023$5.3M · 120 accts · $146K emplr
2022$5.1M · 139 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,909
Investment management$19,544
Total administrative$35,453
The Homecare Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,252
Median for plans this size$1,313
2024$1,252 per active participant
2023$649 per active participant
2022$572 per active participant

Homecare Products, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$19,544
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$15,909

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$35,453 · 0.60%
2023$24,484 · 0.47%
2022$13,436 · 0.25%
Same employer
Similar plansManufacturing · Washington
Danner Corporation WA$6.6M · 1.04%
Tube Art Displays, Inc. WA$6.5M · 0.52%
Kaso Plastics, Inc. WA$6.5M · 0.87%
A & G Machine, Inc. WA$6.5M · 0.57%
Qualitel Corporation WA$6.3M · 0.05%
Cascade Coffee, LLC. WA$6.2M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911489412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.