Plan Ledger DOL Form 5500 · updated monthly

Optimal Care Services LLC401(k)

OPTIMAL CARE SERVICES LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.98%

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

Optimal Care Services LLC reported $8,462 in plan administrative expenses for 2022: 0.98% of average plan assets, above the peer median. Employer contributions averaged $900 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.

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 (5,348th of 5,648), and 10,926th of 11,911 in health care & social assistance. In 2022, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$970,897
Participants with balances66
Active participants149
Employer contributions$134,099
Employee contributions$152,040
Employer contribution per active participant$900
Average account balance$14,711
Benefits paid to participants$26,662
Plan auditAdverse audit opinion
AuditorCRAIG, FITZSIMMONS & MEYER, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,012
Investment management$450
Total administrative$8,462
The Optimal Care Services LLC 401(k) match · 2022
Employer contribution per active participant$900
Median for plans this size$331

Optimal Care Services LLC's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,462 · 0.98%
Similar plansHealth Care & Social Assistance · New York
Enable My Child, LTD NY$958K · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463850535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.