Plan Ledger DOL Form 5500 · updated monthly

Tribute Home Care, LLC401(k)

TRIBUTE HOME CARE, LLC 401(K) PROFIT SHARING PLAN & TRUST · CHARLESTOWN, MA · plan year 2025

Reported admin expense ratio · 2025
1.10%

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

Tribute Home Care, LLC reported $41,735 in plan administrative expenses for 2025: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $242 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 3 years on file its reported administrative ratio fell from 1.59% to 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,357th of 2,726), and 8,218th of 11,911 in health care & social assistance. In 2025, employees put in $7.90 for every $1.00 the employer contributed; active participation has grown from 389 to 475 since 2022.

Plan summary
Net assets, end of year$4,498,885
Participants with balances205
Active participants475
Employer contributions$114,928
Employee contributions$907,757
Employer contribution per active participant$242
Average account balance$21,946
Benefits paid to participants$253,965
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$4.5M · 205 accts · $115K emplr
2024$3.1M · 183 accts · $95K emplr
2023$2.2M · 150 accts · $37K emplr
2022$1.4M · 123 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$17,767
Investment management$19,418
Total administrative$41,735
The Tribute Home Care, LLC 401(k) match · 2025
Employer contribution per active participant$242
Median for plans this size$1,464
2025$242 per active participant
2024$221 per active participant
2023$89 per active participant

Tribute Home Care, LLC's 2025 employer contribution ran below the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$17,767
WILLIAM BLAIR · Investment advisory (participants) · Investment advisory (plan)$19,418

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

Recordkeeper by year3
2025John Hancock
2024John Hancock
2023John Hancock

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Administrative cost history4
2025$41,735 · 1.10%
2024$30,513 · 1.16%
2023$23,834 · 1.34%
2022$20,396 · 1.59%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
The Essex Group Inc. MA$4.6M · 1.24%
Able Home Care, LLC MA$4.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455420243 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.