Plan Ledger DOL Form 5500 · updated monthly

True Care Hospice Inc401(k)

TRUE CARE HOSPICE 401K PLAN · CANOGA PARK, CA · plan year 2024

Reported admin expense ratio · 2024
13.51%

True Care Hospice Inc reported $17,478 in plan administrative expenses for 2024: 13.51% of average plan assets, higher than ~90% of peers. 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 California (9,282nd of 9,483), and 11,696th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$174,683
Participants with balances155
Active participants380
Employer contributions—
Employee contributions$106,320
Employer contribution per active participant—
Average account balance$1,127
Benefits paid to participants$12,174
Plan auditUnmodified (clean) audit opinion
AuditorOZUROVICH & ASSOCIATES
Plan history2
Yearassets · accounts · employer contribution
2024$175K · 155 accts
2022$35K · 10 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$592
Investment management$16,886
Total administrative$17,478
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. · Loan processing · Recordkeeping$17,478

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

Administrative cost history2
2024$17,478 · 13.51%
2022Not separately reported
Similar plansHealth Care & Social Assistance · California
Centered Health, LLC CA$198K · 3.09%
Agemark Corporation CA$168K · 1.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271586905 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.