Plan Ledger DOL Form 5500 · updated monthly

Unlimited Care, Inc.401(k)

UNLIMITED CARE, INC. 401(K) PLAN · WHITE PLAINS, NY · plan year 2024

Reported admin expense ratio · 2024
1.75%

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

Unlimited Care, Inc. reported $185,307 in plan administrative expenses for 2024: 1.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $37 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 1.93% to 1.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (3,455th of 5,648), and the 5,386th of 11,911 in health care & social assistance. In 2024, employees put in $7.94 for every $1.00 the employer contributed; active participation has shrunk from 5,615 to 3,555 since 2022.

Plan summary
Net assets, end of year$11,174,019
Participants with balances726
Active participants3,555
Employer contributions$132,066
Employee contributions$1,048,030
Employer contribution per active participant$37
Average account balance$15,391
Benefits paid to participants$990,560
Plan auditUnmodified (clean) audit opinion
AuditorBERMAN, SOSMAN & ROSENZWEIG, CPA PL
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 726 accts · $132K emplr
2023$10.0M · 689 accts · $120K emplr
2022$8.6M · 965 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,082
Investment management$10,090
Total administrative$185,307
The Unlimited Care, Inc. 401(k) match · 2024
Employer contribution per active participant$37
Median for plans this size$2,416
2024$37 per active participant
2023$30 per active participant
2022$26 per active participant

Unlimited Care, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$124,967
ORENDA RETIREMENT, LLC · Contract administrator · Other services$35,115
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$25,225
SIDE BY SIDE FINANCIALS, INC. · Contract administratorindirect comp

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$185,307 · 1.75%
2023$218,882 · 2.35%
2022$181,620 · 1.93%
Similar plansHealth Care & Social Assistance · New York
The Fortune Society NY$11.3M · 0.26%
Vito C. Quatela, M.D., PLLC NY$11.2M · 0.68%
Med Excel USA, Inc. NY$11.1M · 0.39%
Avante Care Management LLC NY$11.0M · 1.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132808207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.