Plan Ledger DOL Form 5500 · updated monthly

S&K Holdings, Inc. dba Family Choice Healthcare401(k)

S&K HOLDINGS, INC. 401(K) PROFIT SHARING PLAN · LANHAN, MD · plan year 2022

Reported admin expense ratio · 2022
0.52%

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

S&K Holdings, Inc. dba Family Choice Healthcare reported $6,404 in plan administrative expenses for 2022: 0.52% of average plan assets, above the peer median. Employer contributions averaged $158 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 Maryland (1,586th of 1,671), and 10,750th of 11,911 in health care & social assistance. In 2022, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,183,678
Participants with balances88
Active participants333
Employer contributions$52,685
Employee contributions$120,255
Employer contribution per active participant$158
Average account balance$13,451
Benefits paid to participants$214,408
Plan auditUnmodified (clean) audit opinion
AuditorDEAN ACCOUNTING GROUP, PLLC
Administrative expenses, itemized · 2022
Professional / advisory$6,404
Total administrative$6,404
The S&K Holdings, Inc. dba Family Choice Healthcare 401(k) match · 2022
Employer contribution per active participant$158
Median for plans this size$1,114

S&K Holdings, Inc. dba Family Choice Healthcare's 2022 employer contribution ran below the $1,114 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$6,404 · 0.52%
Similar plansHealth Care & Social Assistance · Maryland
Interfaith Works, Inc. MD$1.3M · 0.76%
Optimal Health Care, Inc. MD$1.2M · 1.64%
Chesterwye Center, Inc. MD$1.1M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521974261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.