Plan Snapshot
- Plan Sponsor: Accurate Home Care, LLC
- Sponsor EIN: 510454275
- Sponsor Address: 9000 QUANTRELLE AVE NE, OTSEGO, MN, 55330
- Plan Type: 401(k)
- Total Participants: 509
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 509 | $5.0M | $54,273 | $577,060 |
| 2023 | 441 | $4.3M | $49,669 | $510,692 |
| 2022 | 482 | $3.7M | $0 | $488,352 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BOYUM & BARENSCHEER, PLLP | Auditor | $12,700 | — | $12,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOYUM & BARENSCHEER, PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,700
- Estimated Expense Ratio: 0.256% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $64,450 | $768 | $42,870 | $12,700 | — |
| 2023 | $44,095 | — | $44,095 | — | — |
| 2022 | $38,946 | — | $38,946 | — | — |