Manhattan Home Care, LTD401(k)
MANHATTAN HOME CARE, LTD 401(K) PLAN · WOODSIDE, NY · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Manhattan Home Care, LTD reported $26,983 in plan administrative expenses for 2024: 5.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $449 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 6.05% to 5.03%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,428th of 5,648), and 11,257th of 11,911 in health care & social assistance. In 2024, the employer put in $3.29 for every $1.00 employees contributed themselves; active participation has grown from 252 to 305 since 2022.
Manhattan Home Care, LTD's 2024 employer contribution ran below the $540 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 464550276 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.