Plan Ledger DOL Form 5500 · updated monthly

Preferred Touch Home Care Inc401(k)

PREFERRED TOUCH HOME CARE INC 401K PLAN · BRANDON, FL · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Preferred Touch Home Care Inc reported $5,015 in plan administrative expenses for 2022: 0.63% of average plan assets, below the peer median. Employer contributions averaged $100 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 Florida (3,417th of 3,644), and 11,077th of 11,911 in health care & social assistance. In 2022, employees put in $4.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$795,822
Participants with balances98
Active participants525
Employer contributions$52,486
Employee contributions$243,513
Employer contribution per active participant$100
Average account balance$8,121
Benefits paid to participants$154,101
Plan auditUnmodified (clean) audit opinion
AuditorWALTERS & ASSOCIATES
The Preferred Touch Home Care Inc 401(k) match · 2022
Employer contribution per active participant$100
Median for plans this size$331

Preferred Touch Home Care Inc's 2022 employer contribution ran below the $331 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$5,015 · 0.63%
Similar plansHealth Care & Social Assistance · Florida
Brave Health, Inc. FL$759K · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454440895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.