Plan Ledger DOL Form 5500 · updated monthly

Sunshine Home Care Services Corp401(k)

SUNSHINE HOME CARE SERVICES CORP 401(K) PLAN · NEW CITY, NY · plan year 2022

Reported admin expense ratio · 2022
1.78%

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

Sunshine Home Care Services Corp reported $8,527 in plan administrative expenses for 2022: 1.78% of average plan assets, higher than ~75% of peers. Employer contributions averaged $328 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 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,447th of 5,648), and 11,328th of 11,911 in health care & social assistance. In 2022, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$526,557
Participants with balances32
Active participants159
Employer contributions$52,136
Employee contributions$119,725
Employer contribution per active participant$328
Average account balance$16,455
Benefits paid to participants$2,853
Plan auditUnmodified (clean) audit opinion
AuditorKK MEHTA CPA ASSOCIATES PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,155
Investment management$222
Professional / advisory$150
Total administrative$8,527
The Sunshine Home Care Services Corp 401(k) match · 2022
Employer contribution per active participant$328
Median for plans this size$331

Sunshine Home Care Services Corp's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,527 · 1.78%
Similar plansHealth Care & Social Assistance · New York
Areba Casriel, Inc. NY$595K · 0.14%
Bethel Methodist Home NY$586K · 0.09%
Kog Industries Inc NY$543K · 0.56%
603 Healthcare LLC NY$490K · 2.04%
Michael E Jones MD PC NY$479K · 1.24%
Friendly Home Care, Inc. NY$466K · 16.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204385335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.