Plan Ledger DOL Form 5500 · updated monthly

Smith Home Care LLC401(k)

SMITH HOME CARE 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Smith Home Care LLC reported $2,086 in plan administrative expenses for 2024: 0.35% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,017 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 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 Oklahoma (692nd of 724), and 11,075th of 11,911 in health care & social assistance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$798,240
Participants with balances189
Active participants168
Employer contributions$170,871
Employee contributions$301,117
Employer contribution per active participant$1,017
Average account balance$4,223
Benefits paid to participants$148,036
Plan auditUnmodified (clean) audit opinion
AuditorMUN CPA'S LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,086
Total administrative$2,086
The Smith Home Care LLC 401(k) match · 2024
Employer contribution per active participant$1,017
Median for plans this size$540

Smith Home Care LLC's 2024 employer contribution ran above the $540 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 · 20241
ADP, INC. · Recordkeeping$1,915

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

Administrative cost history1
2024$2,086 · 0.35%
Similar plansHealth Care & Social Assistance · Oklahoma
Positive Changes OK$937K · 0.24%
Gatesway Foundation, Inc. OK$890K · 1.39%
Accentra Capital, LLC OK$777K · 0.37%
Aky MD, LLC OK$718K · 0.49%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 822192286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.