Plan Ledger DOL Form 5500 · updated monthly

The Heart Home Healthcare Services401(k)

HANDS FROM THE HEART 401(K) PLAN · BALA CYNWYD, PA · plan year 2024

Reported admin expense ratio · 2024
4.54%

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

The Heart Home Healthcare Services reported $24,934 in plan administrative expenses for 2024: 4.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $402 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 Pennsylvania (3,557th of 3,651), and 11,261st of 11,911 in health care & social assistance. In 2024, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$609,408
Participants with balances191
Active participants152
Employer contributions$61,039
Employee contributions$93,330
Employer contribution per active participant$402
Average account balance$3,191
Benefits paid to participants$76,218
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT, LYONS & SHUMAN
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,245
Investment management$4,689
Total administrative$24,934
The The Heart Home Healthcare Services 401(k) match · 2024
Employer contribution per active participant$402
Median for plans this size$540

The Heart Home Healthcare Services's 2024 employer contribution ran below 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
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$20,245

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$24,934 · 4.54%
Similar plansHealth Care & Social Assistance · Pennsylvania
Senior Choice, Inc. PA$677K · 1.23%
Franklin Biolabs, Inc. PA$672K · 0.06%
Adwa Home Care Inc PA$664K · 0.27%
Ezekiel Management PA$546K · 0.56%
Valley Advantages, LLC PA$522K · 2.51%
Helpmates, Inc. PA$424K · 1.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453601911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.