Plan Ledger DOL Form 5500 · updated monthly

United Home Care Services, Inc.401(k)

UNITED HOME CARE SERVICES, INC. 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

United Home Care Services, Inc. reported $11,657 in plan administrative expenses for 2024: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $229 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 fell from 0.27% to 0.19%. 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 Florida (2,211th of 3,644), and 7,031st of 11,911 in health care & social assistance. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 1,008 to 1,195 since 2022.

Plan summary
Net assets, end of year$6,668,620
Participants with balances285
Active participants1,195
Employer contributions$273,838
Employee contributions$459,725
Employer contribution per active participant$229
Average account balance$23,399
Benefits paid to participants$596,864
Plan auditUnmodified (clean) audit opinion
AuditorANTHONY BRUNSON, P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 285 accts · $274K emplr
2023$5.8M · 276 accts · $252K emplr
2022$5.3M · 273 accts · $228K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,522
Trustee / custodial$2,135
Total administrative$11,657
The United Home Care Services, Inc. 401(k) match · 2024
Employer contribution per active participant$229
Median for plans this size$1,313
2024$229 per active participant
2023$208 per active participant
2022$226 per active participant

United Home Care Services, Inc.'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 · 20241
INGHAM & COMPANY$9,522

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

Administrative cost history3
2024$11,657 · 0.19%
2023$14,191 · 0.26%
2022$13,444 · 0.27%
Similar plansHealth Care & Social Assistance · Florida
Kids in Distress, Inc. FL$6.7M · 0.59%
R'Club Child Care, Inc. FL$6.7M · 0.05%
Kids Central, Inc. FL$6.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591523943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.