Plan Ledger DOL Form 5500 · updated monthly

Personal Touch Home Care of Ny., Inc.401(k)

PERSONAL TOUCH 401(K) PLAN · LAKE SUCCESS, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Personal Touch Home Care of Ny., Inc. reported $22,745 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $58 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 2 years on file its reported administrative ratio fell from 0.16% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,693rd-largest of 5,648 plans among New York employers on file, and the 4,004th of 11,911 in health care & social assistance. In 2024, employees put in $9.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,849,922
Participants with balances1,128
Active participants1,519
Employer contributions$87,423
Employee contributions$842,760
Employer contribution per active participant$58
Average account balance$15,824
Benefits paid to participants$2,702,995
Plan auditUnmodified (clean) audit opinion
AuditorEFPR GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 1,128 accts · $87K emplr
2023$17.6M · 882 accts · $463K emplr
2022$16.3M · 909 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,745
Total administrative$22,745
The Personal Touch Home Care of Ny., Inc. 401(k) match · 2024
Employer contribution per active participant$58
Median for plans this size$2,416
2024$58 per active participant
2023$67 per active participant
2022$227 per active participant

Personal Touch Home Care of Ny., Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,745
OSAIC WEALTH INC · Other servicesindirect comp
SECURITIES AMERICA, INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history3
2024$22,745 · 0.13%
2023$23,122 · 0.14%
2022$30,439 · 0.16%
Similar plansHealth Care & Social Assistance · New York
Galileo, Inc. NY$17.7M · 0.39%
Harlem Children's Zone, Inc NY$17.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112339876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.