Plan Ledger DOL Form 5500 · updated monthly

Wecare Services Inc. dba Comfort Keepers401(k)

WECARE SERVICES INC. DBA COMFORT KEEPERS 401(K) PLAN · MEMPHIS, TN · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

Wecare Services Inc. dba Comfort Keepers reported $20,662 in plan administrative expenses for 2022: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $429 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (1,339th of 1,496), and 10,232nd of 11,911 in health care & social assistance. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,782,455
Participants with balances74
Active participants171
Employer contributions$73,357
Employee contributions$118,053
Employer contribution per active participant$429
Average account balance$24,087
Benefits paid to participants$111,151
Plan auditUnmodified (clean) audit opinion
AuditorCANNON WRIGHT BLOUNT, PLLC
Administrative expenses, itemized · 2022
Investment management$20,662
Total administrative$20,662
The Wecare Services Inc. dba Comfort Keepers 401(k) match · 2022
Employer contribution per active participant$429
Median for plans this size$1,114

Wecare Services Inc. dba Comfort Keepers's 2022 employer contribution ran below the $1,114 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 history1
2022$20,662 · 1.07%
Same employer
Similar plansHealth Care & Social Assistance · Tennessee
American Book Co. TN$1.9M · 0.95%
Mur-Ci Homes, Inc. TN$1.8M · 0.06%
Psalms, Inc. TN$1.6M · 0.10%
Generations-Gaither, Inc. TN$1.6M · 1.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621843298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.