Plan Ledger DOL Form 5500 · updated monthly

Hsh Senior Services, Inc. dba Home Sweet Home In-Home Care401(k)

HOME SWEET HOME 401(K) · SAINT JOSEPH, MI · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Hsh Senior Services, Inc. dba Home Sweet Home In-Home Care reported $1,050 in plan administrative expenses for 2022: 0.23% of average plan assets, lower than ~75% of peers. Employer contributions averaged $402 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.

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 (2,545th of 2,619), and 11,350th of 11,911 in health care & social assistance. In 2022, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$507,782
Participants with balances87
Active participants161
Employer contributions$64,792
Employee contributions$128,046
Employer contribution per active participant$402
Average account balance$5,837
Benefits paid to participants$47,252
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,050
Total administrative$1,050
The Hsh Senior Services, Inc. dba Home Sweet Home In-Home Care 401(k) match · 2022
Employer contribution per active participant$402
Median for plans this size$331

Hsh Senior Services, Inc. dba Home Sweet Home In-Home Care's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,050 · 0.23%
Similar plansHealth Care & Social Assistance · Michigan
Lakeland Services, Inc. MI$646K · 1.13%
Family Tree Care MI$561K · 2.32%
Vista Grande Villa MI$517K · 0.54%
Mercy Plus MI$436K · 5.27%
Smart Start Corporation MI$414K · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800726937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.