Plan Ledger DOL Form 5500 · updated monthly

Patriot Homecare, Inc.401(k)

PATRIOT HOMECARE, INC. 401(K) PROFIT SHARING PLAN · AKRON, OH · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Patriot Homecare, Inc. reported $735 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $649 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Ohio (3,130th of 3,295), and 10,711th of 11,911 in health care & social assistance. In 2022, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,222,919
Participants with balances43
Active participants151
Employer contributions$98,050
Employee contributions$246,828
Employer contribution per active participant$649
Average account balance$28,440
Benefits paid to participants$52,944
Plan auditUnmodified (clean) audit opinion
AuditorBSB PARTNERS CPAS AND BUSINESS ADVI
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$735
Total administrative$735
The Patriot Homecare, Inc. 401(k) match · 2022
Employer contribution per active participant$649
Median for plans this size$1,114

Patriot Homecare, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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$735 · 0.06%
Similar plansHealth Care & Social Assistance · Ohio
Bhp Management Corp. OH$1.2M · 0.82%
Connections in Ohio OH$1.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274058804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.