Novel Home Health Care Services401(k)
NOVEL HOME CARE RETIREMENT PLAN · BROOKLYN, NY · plan year 2024
Novel Home Health Care Services reported $8,451 in plan administrative expenses for 2024: 37.33% 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.
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 (5,629th of 5,648), and 11,864th of 11,911 in health care & social assistance.
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.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 271672896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.