Plan Ledger DOL Form 5500 · updated monthly

Peoplecare401(k)

PEOPLECARE 401(K) PLAN · EL PASO, TX · plan year 2022

Reported admin expense ratio · 2022
0.21%

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

Peoplecare reported $3,055 in plan administrative expenses for 2022: 0.21% of average plan assets, below the peer median. Employer contributions averaged $500 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 Texas (5,168th of 5,688), and 10,654th of 11,911 in health care & social assistance. In 2022, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,285,491
Participants with balances79
Active participants109
Employer contributions$54,450
Employee contributions$76,846
Employer contribution per active participant$500
Average account balance$16,272
Benefits paid to participants$186,681
Plan auditUnmodified (clean) audit opinion
AuditorSBNG, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,055
Total administrative$3,055
The Peoplecare 401(k) match · 2022
Employer contribution per active participant$500
Median for plans this size$1,114

Peoplecare's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,055 · 0.21%
Same employer
Similar plansHealth Care & Social Assistance · Texas

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Source: U.S. Department of Labor, Form 5500 series, EIN 200497479 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.