What are the fees in the Wheel Chair Home, Inc. 401(k) plan?

For plan year 2022, Wheel Chair Home, Inc. reported $33,725 in plan administrative expenses, or 0.93% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the Wheel Chair Home, Inc. 401(k) match?

In 2022, employer contributions to the Wheel Chair Home, Inc. plan averaged $1,035 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Wheel Chair Home, Inc. 401(k)?

The average participant account balance was $30,946 for plan year 2022, based on 97 accounts.

Wheel Chair Home, Inc.401(k)

Name: Wheel Chair Home, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SCHOFIELD RESIDENCE 401K RETIREMENT PLAN · KENMORE, NY · plan year 2022

Reported admin expense ratio · 2022

0.93%

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

Wheel Chair Home, Inc. reported $33,725 in plan administrative expenses for 2022: 0.93% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,035 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 New York (4,904th of 5,648), and 9,261st of 11,911 in health care & social assistance. In 2022, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,001,723
Participants with balances97
Active participants80
Employer contributions$82,798
Employee contributions$184,644
Employer contribution per active participant$1,035
Average account balance$30,946
Benefits paid to participants$865,362
Plan auditUnmodified (clean) audit opinion
AuditorBONADIO & CO., LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$33,725

Total administrative$33,725

The Wheel Chair Home, Inc. 401(k) match · 2022

Employer contribution per active participant$1,035

Median for plans this size$1,114

Wheel Chair Home, Inc.'s 2022 employer contribution ran below the $1,114 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

Your balance

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$33,725 · 0.93%

Same employer

Wheel Chair Home, Inc.'s health & benefits plan: carriers, premiums & broker pay

Similar plansHealth Care & Social Assistance · New York
Children's Home of Jefferson County NY$3.0M · 1.35%
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Advanced Monitored Caregiving Inc. NY$3.0M · 0.14%
Heritage Health and Housing, I NY$3.0M · 0.06%
Future Care Associates Inc. NY$3.0M · 0.84%
Star Multi Care Holding Corp NY$3.0M · 0.43%
Jewish Community Center in Manhattan NY$3.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 160743225 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.