Plan Ledger DOL Form 5500 · updated monthly

Tendercare Home Health Services401(k)

TENDERCARE HOME HEALTH SERVICES RETIREMENT PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Tendercare Home Health Services reported $43,020 in plan administrative expenses for 2024: 0.63% of average plan assets, above the peer median. Employer contributions averaged $176 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 rose from 0.54% to 0.63%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,043rd of 1,562), and 6,827th of 11,911 in health care & social assistance. In 2024, employees put in $14.65 for every $1.00 the employer contributed; active participation has grown from 229 to 260 since 2022.

Plan summary
Net assets, end of year$7,086,691
Participants with balances177
Active participants260
Employer contributions$45,779
Employee contributions$670,803
Employer contribution per active participant$176
Average account balance$40,038
Benefits paid to participants$900,833
Plan auditUnmodified (clean) audit opinion
AuditorSIKICH LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 177 accts · $46K emplr
2023$6.5M · 177 accts · $48K emplr
2022$5.5M · 168 accts · $119K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,020
Total administrative$43,020
The Tendercare Home Health Services 401(k) match · 2024
Employer contribution per active participant$176
Median for plans this size$1,313
2024$176 per active participant
2023$206 per active participant
2022$521 per active participant

Tendercare Home Health Services's 2024 employer contribution ran below the $1,313 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 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$23,045
PROCOURSE FIDUCIARY ADVISORS. LLC · Recordkeeping · Trustee$19,975
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, PROCOURSE FIDUCIARY ADVISORS. LLC
2023ADP, PROCOURSE FIDUCIARY ADVISORS. LLC

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

Administrative cost history3
2024$43,020 · 0.63%
2023$23,988 · 0.40%
2022$32,898 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Swiss Village, Inc IN$7.5M · 0.09%
Prokids, Inc. IN$7.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351922557 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.