Plan Ledger DOL Form 5500 · updated monthly

Quality Care for Children, Inc.401(k)

QUALITY CARE FOR CHILDREN, INC. 401(K) PROFIT SHARING PLAN · ATLANTA, GA · plan year 2022

Reported admin expense ratio · 2022
0.56%

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

Quality Care for Children, Inc. reported $18,201 in plan administrative expenses for 2022: 0.56% of average plan assets, above the peer median. Employer contributions averaged $1,735 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 Georgia (1,838th of 2,160), and 9,350th of 11,911 in health care & social assistance. In 2022, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,877,361
Participants with balances83
Active participants110
Employer contributions$190,839
Employee contributions$250,265
Employer contribution per active participant$1,735
Average account balance$34,667
Benefits paid to participants$609,673
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO., LLP
Administrative expenses, itemized · 2022
Professional / advisory$18,201
Total administrative$18,201
The Quality Care for Children, Inc. 401(k) match · 2022
Employer contribution per active participant$1,735
Median for plans this size$1,114

Quality Care for Children, Inc.'s 2022 employer contribution ran above 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$18,201 · 0.56%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Medzed, LLC GA$3.1M · 0.74%
Hallmark Systems, Inc. GA$2.9M · 0.51%
Families First, Inc. GA$2.8M · 0.02%
C. Ross Management, LLC GA$2.7M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582400285 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.