Plan Ledger DOL Form 5500 · updated monthly

Serenity Home Care LLC401(k)

SERENITY HOME CARE LLC 401K PLAN · FULTON, MD · plan year 2024

Reported admin expense ratio · 2024
3.01%

Serenity Home Care LLC reported $5,328 in plan administrative expenses for 2024: 3.01% of average plan assets, higher than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.71% to 3.01%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maryland (1,649th of 1,671), and 11,645th of 11,911 in health care & social assistance. active participation has shrunk from 415 to 164 since 2022.

Plan summary
Net assets, end of year$225,301
Participants with balances162
Active participants164
Employer contributions—
Employee contributions$124,263
Employer contribution per active participant—
Average account balance$1,391
Benefits paid to participants$36,883
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$225K · 162 accts
2023$129K · 204 accts
2022$12K · 153 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,328
Total administrative$5,328
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 · 20243
ADP, INC. · Loan processing · Recordkeeping$5,328
ADP BROKER-DEALERindirect comp
MML INVESTORS · Other servicesindirect comp

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

Administrative cost history3
2024$5,328 · 3.01%
2023$500 · 0.71%
2022Not separately reported
Similar plansHealth Care & Social Assistance · Maryland
Dayspring Programs Inc MD$383K · 0.21%
Erosun, Inc MD$334K · 0.13%
Chrysalis House Inc MD$207K · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472154342 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.