Ideal Home Health Retirement Plan — Form 5500 plan (Ideal Home Health Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Ideal Home Health Retirement Plan is a benefit plan reported by Ideal Home Health Inc. under EIN 26-0289040 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,536 participants and $4,519,490 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$4.5MPlan net assets, end of year$4,519,490
Participants1.5KCovered participants reported1,536
Assets / participant$2.9KComputed: assets ÷ participants$2,942 (computed)
Provider compensation$120.4K4 Schedule C provider row(s)$120,445
- Plan sponsor
- Ideal Home Health Inc.
- EIN
- 26-0289040
- Plan number
- 001
- Plan type
- 2
- Location
- Brooklyn Ny, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,536 | H, C | 20240904070311NAL0011003235001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$4.5M total assets
Net assets$4.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $4,519,490
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,519,490
- Net assets (BOY)
- $2,513,067
Income & contributions
- Employer contributions
- $1,905,600
- Total contributions
- $1,905,600
- Total income / additions
- $2,491,897
Expenses & distributions
- Benefits paid
- $363,600
- Administrative expenses
- $120,445
- Total expenses
- $485,474
- Net increase / (decrease)
- $2,006,423
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets3%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $97,445 | $0 | 2023 |
| Sikich Usa Cpa Llp | INVESTMENT/FINANCIAL ADVI | $18,000 | $0 | 2023 |
| Mesirow Financial Investment Manage | INVESTMENT/FINANCIAL ADVI | $5,000 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Ideal Home Health Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Brooklyn Ny, NY
- Adp, Inc. — Schedule C compensation
- Sikich Usa Cpa Llp — Schedule C compensation
- Mesirow Financial Investment Manage — Schedule C compensation
- Adp Broker-Dealer — Schedule C compensation