Plan Ledger DOL Form 5500 · updated monthly

Regional Home Care, Inc.401(k)

REGIONAL HOME CARE 401(K) PLAN · LEOMINSTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.88%

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

Regional Home Care, Inc. reported $97,393 in plan administrative expenses for 2024: 0.88% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,493 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 0.94% to 0.88%. 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 among the smaller plans on file in Massachusetts (1,726th of 2,726), and the 5,112th of 11,911 in health care & social assistance. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,152,227
Participants with balances291
Active participants272
Employer contributions$406,019
Employee contributions$1,065,175
Employer contribution per active participant$1,493
Average account balance$41,760
Benefits paid to participants$687,451
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 291 accts · $406K emplr
2023$9.9M · 265 accts · $372K emplr
2022$7.5M · 250 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,549
Investment management$71,844
Total administrative$97,393
The Regional Home Care, Inc. 401(k) match · 2024
Employer contribution per active participant$1,493
Median for plans this size$2,416
2024$1,493 per active participant
2023$1,469 per active participant
2022$1,316 per active participant

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

Service providers · 20242
ASCENSUS LLC · Loan processing · Recordkeeping$25,549
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$71,844

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$97,393 · 0.88%
2023$79,765 · 0.92%
2022$74,886 · 0.94%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Welch Senior Living, LLC MA$12.3M · 0.87%
Lifestream, Inc. MA$11.9M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042887579 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.