Plan Ledger DOL Form 5500 · updated monthly

Miracle Home Health Care Inc401(k)

MIRACLE HOME HEALTH CARE INC 401(K) PROFIT SHARING PLAN & TRUST · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Miracle Home Health Care Inc reported $14,908 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,593 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 0.38% to 0.40%. 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 (7,412th of 9,483), and 8,590th of 11,911 in health care & social assistance. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has shrunk from 124 to 95 since 2022.

Plan summary
Net assets, end of year$3,942,473
Participants with balances130
Active participants95
Employer contributions$246,337
Employee contributions$438,353
Employer contribution per active participant$2,593
Average account balance$30,327
Benefits paid to participants$581,329
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 130 accts · $246K emplr
2023$3.4M · 137 accts · $251K emplr
2022$2.8M · 149 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,324
Investment management$1,724
Trustee / custodial$860
Total administrative$14,908
The Miracle Home Health Care Inc 401(k) match · 2024
Employer contribution per active participant$2,593
Median for plans this size$1,313
2024$2,593 per active participant
2023$2,390 per active participant

Miracle Home Health Care Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
PAYCHEX, INC. · Recordkeeping$8,963

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,908 · 0.40%
2023$13,318 · 0.43%
2022$11,155 · 0.38%
Similar plansHealth Care & Social Assistance · California
Yolo Hospice, Inc. CA$4.0M · 0.03%
Community Action Marin CA$4.0M · 0.85%
Gallaher Companies LLC CA$3.9M · 0.19%
Pathways La CA$3.9M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205686595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.