Plan Ledger DOL Form 5500 · updated monthly

New Vision Home Care Services, LLCProfit-sharing plan

NEW VISION HOME CARE SERVICES, LLC RETIREMENT PLAN AND TRUST · HAWTHORNE, NY · plan year 2022

Reported admin expense ratio · 2022
11.89%

New Vision Home Care Services, LLC reported $21,619 in plan administrative expenses for 2022: 11.89% of average plan assets, higher than ~90% of peers. 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 11.89% to 34.07%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,571st of 5,648), and 11,728th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$142,619
Participants with balances233
Active participants233
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$612
Benefits paid to participants$22,061
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$61K · 61 accts
2023$134K · 219 accts
2022$143K · 233 accts
Administrative expenses, itemized · 2022
Investment management$21,619
Total administrative$21,619
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.

Recordkeeper by year2
2024GELMAN PENSION CONSULTING, INC.
2023GELMAN PENSION CONSULTING, INC.

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

Administrative cost history3
2024$33,255 · 34.07%
2023$17,377 · 12.57%
2022$21,619 · 11.89%
Similar plansHealth Care & Social Assistance · New York
Graceland Homecare, Inc. NY$188K · 23.03%
Red Rabbit LLC NY$126K · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452460065 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.