Recco Home Care Services, Inc.401(k)
RECCO HOME CARE SERVICES, INC. WAGE PARITY RETIREMENT PLAN · MASSAPEQUA, NY · plan year 2023
Recco Home Care Services, Inc.'s 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $6,678,630 across 2,013 participant accounts, with employer contributions averaging $449 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,127th of 5,648), and 7,026th of 11,911 in health care & social assistance. In 2023, the employer put in $83.52 for every $1.00 employees contributed themselves; active participation has shrunk from 4,105 to 2,314 since 2022.
Recco Home Care Services, Inc.'s 2023 employer contribution ran below the $1,308 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 112341431 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.