Plan Ledger DOL Form 5500 · updated monthly

Hospice of Holland, Inc401(k)

HOSPICE OF HOLLAND 401(K) PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Hospice of Holland, Inc reported $30,823 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $2,659 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 0.58% to 0.64%. 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 Michigan (1,987th of 2,619), and 7,842nd of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,131,017
Participants with balances110
Active participants79
Employer contributions$210,056
Employee contributions$418,776
Employer contribution per active participant$2,659
Average account balance$46,646
Benefits paid to participants$731,130
Plan auditUnmodified (clean) audit opinion
AuditorDELONG & BROWER PC
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 110 accts · $210K emplr
2023$4.6M · 108 accts · $222K emplr
2022$3.7M · 113 accts · $221K emplr
The Hospice of Holland, Inc 401(k) match · 2024
Employer contribution per active participant$2,659
Median for plans this size$1,313
2024$2,659 per active participant
2023$2,741 per active participant
2022$2,691 per active participant

Hospice of Holland, Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
WINTRUST PRIVATE TRUST COMPANY · Recordkeeping · Custodial (securities)$30,823

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

Recordkeeper by year2
2024WINTRUST PRIVATE TRUST COMPANY
2023MACATAWA BANK

This plan has changed recordkeepers within these filings. If you left Hospice of Holland, Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$30,823 · 0.64%
2023$19,613 · 0.47%
2022$22,634 · 0.58%
Similar plansHealth Care & Social Assistance · Michigan
Hema-Tec, Inc. MI$5.6M · 0.35%
Rockwell Medical, Inc. MI$5.4M · 0.65%
Ismail B. Sendi, MD PC MI$5.0M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382355709 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.