Plan Ledger DOL Form 5500 · updated monthly

Kih Management, LLC401(k)

KARE-IN-HOME HEALTH SERVICES, INC. 401(K) P/S PLAN · GULFPORT, MS · plan year 2022

Reported admin expense ratio · 2022
0.03%

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

Kih Management, LLC reported $2,075 in plan administrative expenses for 2022: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,242 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Mississippi (242nd of 367), and 7,981st of 11,911 in health care & social assistance. In 2022, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,879,279
Participants with balances131
Active participants195
Employer contributions$242,180
Employee contributions$597,340
Employer contribution per active participant$1,242
Average account balance$37,246
Benefits paid to participants$2,112,670
Plan auditDisclaimer of opinion
AuditorWOLFE, MCDUFF & OPPIE, P.A.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$4.9M · 131 accts · $242K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,075
Total administrative$2,075
The Kih Management, LLC 401(k) match · 2022
Employer contribution per active participant$1,242
Median for plans this size$1,114

Kih Management, LLC's 2022 employer contribution ran above the $1,114 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 history2
2023Not separately reported
2022$2,075 · 0.03%
Similar plansHealth Care & Social Assistance · Mississippi
Medico, LLC MS$6.5M · 2.50%
Delta Health Center, Inc. MS$4.3M · 0.25%
St. Luke Foundation MS$4.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813669195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.