Plan Ledger DOL Form 5500 · updated monthly

Hcr401(k)

HCR HOME CARE SAVINGS AND PROFIT SHARING PLAN · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Hcr reported $79,629 in plan administrative expenses for 2024: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $75 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 fell from 0.61% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,661st-largest of 5,648 plans among New York employers on file, and the 3,942nd of 11,911 in health care & social assistance. In 2024, employees put in $34.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,198,279
Participants with balances435
Active participants632
Employer contributions$47,126
Employee contributions$1,624,799
Employer contribution per active participant$75
Average account balance$41,835
Benefits paid to participants$1,989,832
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS AND COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$18.2M · 435 accts · $47K emplr
2023$16.2M · 479 accts · $50K emplr
2022$13.0M · 476 accts · $46K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,047
Investment management$23,582
Total administrative$79,629
The Hcr 401(k) match · 2024
Employer contribution per active participant$75
Median for plans this size$2,416
2024$75 per active participant
2023$80 per active participant
2022$70 per active participant

Hcr's 2024 employer contribution ran below the $2,416 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$56,047
SECURITIES AMERICA, INC. · Recordkeeping · Trustee$13,451
WILMINGTON TRUST, NATIONAL ASSOCIAT · Recordkeeping · Trustee$7,867
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.

Recordkeeper by year2
2024ADP, SECURITIES AMERICA, INC., WILMINGTON TRUST, NATIONAL ASSOCIAT
2023ADP, SECURITIES AMERICA, INC.

This plan has changed recordkeepers within these filings. If you left Hcr 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$79,629 · 0.46%
2023$85,518 · 0.59%
2022$88,317 · 0.61%
All plans at this employer2
HCR HOME CARE SAVINGS AND PROFIT SHARING PLAN401(k)
HCR EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansHealth Care & Social Assistance · New York
Urban Resource Institute NY$18.3M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161108008 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.