Plan Ledger DOL Form 5500 · updated monthly

Westside Family Healthcare, InDC plan

WESTSIDE FAMILY HEALTHCARE 401(K) PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Westside Family Healthcare, In reported $23,573 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $1,758 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 rose from 0.04% to 0.19%. 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 Delaware (127th of 242), and the 4,733rd of 11,911 in health care & social assistance. In 2024, employees put in $2.21 for every $1.00 the employer contributed; active participation has grown from 209 to 248 since 2022.

Plan summary
Net assets, end of year$13,789,849
Participants with balances343
Active participants248
Employer contributions$436,107
Employee contributions$962,776
Employer contribution per active participant$1,758
Average account balance$40,204
Benefits paid to participants$1,536,454
Plan auditUnmodified (clean) audit opinion
AuditorWHISMAN, GIORANO & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$13.8M · 343 accts · $436K emplr
2023$10.9M · 224 accts · $379K emplr
2022$8.6M · 211 accts · $401K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,893
Total administrative$23,573
Employer contributions to the Westside Family Healthcare, In plan · 2024
Employer contribution per active participant$1,758
Median for plans this size$2,416
2024$1,758 per active participant
2023$1,686 per active participant
2022$1,919 per active participant

Westside Family Healthcare, In'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 · 20242
NFP RETIREMENT INC.indirect 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$23,573 · 0.19%
2023$620 · 0.01%
2022$3,664 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Delaware
Entad LLC DE$20.9M · 0.36%
Delaware Hospice, Inc. DE$14.0M · 0.55%
Simon Eye Management LLC DE$9.9M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222488654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.