Plan Ledger DOL Form 5500 · updated monthly

Unicity Homecare401(k)

UNICITY HOMECARE 401(K) PROFIT SHARING PLAN & TRUST · ROCHELLE PARK, NJ · plan year 2022

Reported admin expense ratio · 2022
4.01%

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

Unicity Homecare reported $8,304 in plan administrative expenses for 2022: 4.01% of average plan assets, higher than ~90% of peers. Employer contributions averaged $52 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 rose from 3.15% to 4.01%. 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 Jersey (2,330th of 2,419), and 11,590th of 11,911 in health care & social assistance. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$286,668
Participants with balances29
Active participants656
Employer contributions$34,155
Employee contributions$54,465
Employer contribution per active participant$52
Average account balance$9,885
Benefits paid to participants$16,995
Plan auditDisclaimer of opinion
Plan history2
Yearassets · accounts · employer contribution
2022$287K · 29 accts · $34K emplr
2019$128K · 19 accts · $18K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,744
Investment management$1,560
Total administrative$8,304
The Unicity Homecare 401(k) match · 2022
Employer contribution per active participant$52
Median for plans this size$331
2022$52 per active participant
2019$52 per active participant

Unicity Homecare's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$8,304 · 4.01%
2019$2,766 · 3.15%
Similar plansHealth Care & Social Assistance · New Jersey
Sundance Kids LLC NJ$390K · 0.61%
Chemisys Laboratories LLC NJ$304K · 0.68%
Turning Point, Inc. NJ$277K · 4.58%
Essex Garden Group LLC NJ$253K · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274217216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.