Plan Ledger DOL Form 5500 · updated monthly

Xincon Home-Healthcare ServicesProfit-sharing plan

XINCON HOME-HEALTHCARE SERVICES PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

Xincon Home-Healthcare Services reported $213,780 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $243 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 1 year on file its reported administrative ratio rose from 0.54% to 1.38%. 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 (2,828th of 5,648), and the 4,255th of 11,911 in health care & social assistance. active participation has grown from 2,336 to 4,834 since 2022.

Plan summary
Net assets, end of year$16,251,184
Participants with balances2,702
Active participants4,834
Employer contributions$1,175,505
Employee contributions—
Employer contribution per active participant$243
Average account balance$6,015
Benefits paid to participants$1,175,389
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 2,702 accts · $1.2M emplr
2023$14.8M · 2,734 accts · $2.8M emplr
2022$11.4M · 3,835 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$213,780
Total administrative$213,780
Employer contributions to the Xincon Home-Healthcare Services plan · 2024
Employer contribution per active participant$243
Median for plans this size$2,416
2024$243 per active participant
2023$774 per active participant
2022$1,229 per active participant

Xincon Home-Healthcare Services'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 · 20241
ADP, INC. · Recordkeeping$213,780

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$213,780 · 1.38%
2023$70,552 · 0.54%
2022Not separately reported
All plans at this employer2
XINCON HOME HEALTH CARE 401(K) PLAN401(k)
XINCON HOME-HEALTHCARE SERVICES PROFIT SHARING PLANProfit-sharing plan
Similar plansHealth Care & Social Assistance · New York
Long Island Fqhc Inc. NY$16.3M · 0.48%
Fountain House, Inc. NY$16.2M · 0.52%
Priority Care Group, LLC NY$16.2M · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261301111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.