Plan Ledger DOL Form 5500 · updated monthly

Patriot Home Care LLC401(k)

PATRIOT HOME CARE 401K PLAN · PHILADELPHIA, PA · plan year 2023

Reported admin expense ratio · 2023
0.62%

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

Patriot Home Care LLC reported $10,427 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $116 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 1 year on file its reported administrative ratio rose from 0.22% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Pennsylvania (3,384th of 3,651), and 10,195th of 11,911 in health care & social assistance. In 2023, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,828,680
Participants with balances201
Active participants2,366
Employer contributions$275,272
Employee contributions$427,704
Employer contribution per active participant$116
Average account balance$9,098
Benefits paid to participants$686,254
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.8M · 201 accts · $275K emplr
2022$1.6M · 208 accts · $440K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,427
Total administrative$10,427
The Patriot Home Care LLC 401(k) match · 2023
Employer contribution per active participant$116
Median for plans this size$1,308
2023$116 per active participant
2022$207 per active participant

Patriot Home Care LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PCS RETIREMENT LLC · Contract administrator · Recordkeeping$10,427

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

Administrative cost history2
2023$10,427 · 0.62%
2022$3,368 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Grane Healthcare Company PA$1.9M · 1.49%
Central Behavioral Health PA$1.9M · 0.79%
Corecare Systems, Inc. PA$1.8M · 1.12%
Impact Services Corp. PA$1.7M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 465564096 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.