Plan Ledger DOL Form 5500 · updated monthly

Medcare Equipment Company, LLC401(k)

MEDCARE EQUIPMENT COMPANY, LLC 401(K) PLAN · GREENSBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Medcare Equipment Company, LLC reported $45,771 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,800 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 0.32% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,520th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,870th of 4,246 in wholesale trade. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,322,370
Participants with balances406
Active participants290
Employer contributions$812,097
Employee contributions$999,638
Employer contribution per active participant$2,800
Average account balance$50,055
Benefits paid to participants$1,958,610
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.3M · 406 accts · $812K emplr
2023$17.5M · 407 accts · $802K emplr
2022$14.9M · 403 accts · $744K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,444
Investment management$4,327
Total administrative$45,771
The Medcare Equipment Company, LLC 401(k) match · 2024
Employer contribution per active participant$2,800
Median for plans this size$2,416
2024$2,800 per active participant
2023$2,793 per active participant
2022$2,678 per active participant

Medcare Equipment Company, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,444

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$45,771 · 0.24%
2023$48,580 · 0.30%
2022$51,437 · 0.32%
Same employer
Similar plansWholesale Trade · Pennsylvania
Gt&E, LLC PA$21.5M · 0.09%
Moyer & Son, Inc. PA$21.0M · 0.20%
Karndean International LLC PA$20.8M · 0.04%
Westinghouse Lighting L.P. PA$20.8M · 0.19%
Bingaman & Son Lumber, Inc. PA$19.4M · 0.45%
Mbc Companies PA$19.2M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261361520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.