Plan Ledger DOL Form 5500 · updated monthly

Horizon Health Care401(k)

HORIZON HEALTH CARE 401(K) PROFIT SHARING PLAN & TRUST · HICKSVILLE, NY · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Horizon Health Care reported $30,484 in plan administrative expenses for 2024: 0.76% of average plan assets, above the peer median. Employer contributions averaged $0 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 0.54% to 0.76%. 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 New York (4,602nd of 5,648), and 8,273rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$4,401,639
Participants with balances156
Active participants650
Employer contributions$0
Employee contributions$630,464
Employer contribution per active participant$0
Average account balance$28,216
Benefits paid to participants$364,600
Plan auditUnmodified (clean) audit opinion
AuditorALAN J GOLDBERGER CPA
Plan history2
Yearassets · accounts · employer contribution
2024$4.4M · 156 accts
2022$2.7M · 98 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,578
Investment management$12,046
Trustee / custodial$860
Total administrative$30,484
The Horizon Health Care 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Horizon Health Care'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.

Service providers · 20243
PAYCHEX, INC. · Recordkeeping$12,612
WELLS FARGO ADVISORS · Investment advisory (participants)$12,046
ERISA FIDUCIARY SERVICES, INC. · Contract administrator$6,130

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

Administrative cost history2
2024$30,484 · 0.76%
2022$15,643 · 0.54%
Similar plansHealth Care & Social Assistance · New York
Ultimate Care, Inc. NY$4.5M · 0.43%
At Home Care, Inc. NY$4.5M · 0.03%
Special Touch Cdpap, Inc NY$4.4M · 2.18%
Acutis Diagnostics, Inc. NY$4.3M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113130244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.