Integrated Home Care Acquisitions, 401(k) Review & Grade
Integrated Home Care Services 401(k) Plan
Miramar, FLHealth Care & Social Assistance664 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$209Employer $ per active participant
$1,297Employee $ saved per active participant
0.89%Direct admin cost, % of plan assets
$3.7MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity10.9 / 5022th percentile for employer $ per participant
- Low cost2.1 / 258th percentile for low admin cost vs. same-size plans
- Employee saving4.4 / 1529th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 22th |
| Lower admin cost | 8th |
| Employee saving | 29th |
| Peers that auto-enroll | 36% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Integrated Home Care Acquisitions, put in about $209 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.89% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $138,631 |
| Participant (employee) contributions | $861,120 |
| Other contributions (incl. rollovers in) | $43,217 |
| Administrative expenses paid from the plan | $28,033 |
| Other admin expenses | $28,033 |
| Benefits paid out | $220,026 |
| Net assets, start / end of year | $2.6M / $3.7M |
| Active participants, start / end of year | 661 / 667 |
| Participants with account balances | 281 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Kaufman Rossin& Company |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015125039NAL0004591185001, received 2025-10-15, EIN 47-4693271, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.