Plan Ledger DOL Form 5500 · updated monthly

Intercare Therapy, Inc.401(k)

INTERCARE THERAPY, INC. PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Intercare Therapy, Inc. reported $68,241 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $422 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 0.82% to 0.89%. 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 California (5,926th of 9,483), and 6,303rd of 11,911 in health care & social assistance. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,351,204
Participants with balances294
Active participants589
Employer contributions$248,659
Employee contributions$546,489
Employer contribution per active participant$422
Average account balance$28,405
Benefits paid to participants$592,449
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.4M · 294 accts · $249K emplr
2022$6.0M · 250 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,247
Investment management$36,994
Total administrative$68,241
The Intercare Therapy, Inc. 401(k) match · 2024
Employer contribution per active participant$422
Median for plans this size$1,313
2024$422 per active participant
2022$815 per active participant

Intercare Therapy, Inc.'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 · 20244
ADP, INC. · Loan processing · Recordkeeping$31,246
JP MORGAN SECURITIES LLC · Recordkeeping · Trustee$18,589
FIRST REPUBLIC BANK · Recordkeeping · Trustee$18,405
ADP BROKER-DEALERindirect comp

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$68,241 · 0.89%
2022$51,545 · 0.82%
Similar plansHealth Care & Social Assistance · California
Parker Stanbury LLP CA$8.4M · 0.47%
Intercare Therapy, Inc. CA$8.4M · 0.89%
Orchard Hospital CA$8.3M · 0.79%
Brightline Inc. CA$8.3M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811206867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.