Plan Ledger DOL Form 5500 · updated monthly

Homestead Home Health Care401(k)

HOMESTEAD HOME HEALTH CARE 401(K) PLAN · NORTHVILLE, MI · plan year 2022

Reported admin expense ratio · 2022
0.57%

Homestead Home Health Care reported $3,491 in plan administrative expenses for 2022: 0.57% of average plan assets, below the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,537th of 2,619), and 11,286th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$571,479
Participants with balances14
Active participants108
Employer contributions—
Employee contributions$79,965
Employer contribution per active participant—
Average account balance$40,820
Benefits paid to participants$30,936
Plan auditUnmodified (clean) audit opinion
AuditorRETIREMENT PLAN AUDIT SERVICES, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,491
Total administrative$3,491
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$3,491 · 0.57%
Same employer
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Forefront Healthcare LLC MI$748K · 1.29%
Lakeland Services, Inc. MI$646K · 1.13%
Family Tree Care MI$561K · 2.32%
Vista Grande Villa MI$517K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383269038 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.