Plan Ledger DOL Form 5500 · updated monthly

Valley Home Care, Inc.401(k)

VALLEY HOME CARE, INC. 401(K) SAVINGS PLAN · RIDGEWOOD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Valley Home Care, Inc. reported $26,064 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,162 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 0.07% to 0.06%. 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 the 627th-largest of 2,419 plans among New Jersey employers on file, and the 2,082nd of 11,911 in health care & social assistance. In 2024, employees put in $3.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,682,002
Participants with balances582
Active participants476
Employer contributions$1,028,945
Employee contributions$3,141,395
Employer contribution per active participant$2,162
Average account balance$75,055
Benefits paid to participants$2,520,221
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 582 accts · $1.0M emplr
2023$37.4M · 591 accts · $860K emplr
2022$31.4M · 653 accts · $704K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,601
Investment management$2,463
Total administrative$26,064
The Valley Home Care, Inc. 401(k) match · 2024
Employer contribution per active participant$2,162
Median for plans this size$2,416
2024$2,162 per active participant
2023$1,907 per active participant
2022$1,582 per active participant

Valley Home Care, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
LINCOLN NATIONAL CORPORATION · Contract administrator$23,601

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$26,064 · 0.06%
2023$26,458 · 0.08%
2022$23,683 · 0.07%
All plans at this employer2
VALLEY HOME CARE, INC. DEFINED CONTRIBUTION PENSION PLANProfit-sharing plan
VALLEY HOME CARE, INC. 401(K) SAVINGS PLAN401(k)
Similar plansHealth Care & Social Assistance · New Jersey
Complete Care LLC NJ$49.6M · 1.05%
Oaks Integrated Care, Inc. NJ$47.4M · 0.14%
Primary Care Partners, LLC NJ$45.1M · 0.33%
Garden State Urology, LLC NJ$43.2M · 0.00%
Consensus Medical Group NJ$41.4M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223208480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.