Intercare Therapy, Inc. 401(k) Review & Grade
Intercare Therapy, Inc. Profit Sharing Plan
Los Angeles, CAHealth Care & Social Assistance507 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$490Employer $ per active participant
$1,078Employee $ saved per active participant
0.89%Direct admin cost, % of plan assets
$8.4MNet plan assets, end of year
$28,405Average balance per account
Score breakdown
- Employer generosity17.4 / 5035th percentile for employer $ per participant
- Low cost2.1 / 258th percentile for low admin cost vs. same-size plans
- Employee saving3.5 / 1523th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score26 / 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 | 35th |
| Lower admin cost | 8th |
| Employee saving | 23th |
| Peers that auto-enroll | 36% |
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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
- Intercare Therapy put in about $490 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.
- 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 | $248,659 |
| Participant (employee) contributions | $546,489 |
| Other contributions (incl. rollovers in) | $22,315 |
| Administrative expenses paid from the plan | $68,241 |
| Investment advisory & management fees | $36,994 |
| Benefits paid out | $592,449 |
| Net assets, start / end of year | $7.1M / $8.4M |
| Active participants, start / end of year | 425 / 589 |
| Participants with account balances | 294 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Holthouse Carlin & Van Trigt LLP |
Largest service providers (Schedule C)
| Adp, Inc. | $31,246 reported compensation |
| JP Morgan Securities LLC | $18,589 reported compensation |
| First Republic Bank | $18,405 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260209164118NAL0001903891001, received 2026-02-09, EIN 95-4749616, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.