Therapy Management Services, LLC Kidscare Home Health 401(k) Review & Grade
Therapy Management Services 401(k) Plan · d/b/a Kidscare Home Health
Dallas, TXHealth Care & Social Assistance522 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,572Employer $ per active participant
$2,684Employee $ saved per active participant
0.76%Direct admin cost, % of plan assets
$15.3MNet plan assets, end of year
$43,618Average balance per account
Score breakdown
- Employer generosity31.6 / 5063th percentile for employer $ per participant
- Low cost2.8 / 2511th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 11th |
| Employee saving | 52th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Corrective distributions: the plan refunded $424 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Therapy Management Services, LLC Kidscare Home Health put in about $1,572 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.76% 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 | $820,746 |
| Participant (employee) contributions | $1,401,213 |
| Other contributions (incl. rollovers in) | $123,283 |
| Administrative expenses paid from the plan | $102,721 |
| Contract administrator fees | $80,519 |
| Benefits paid out | $764,705 |
| Net assets, start / end of year | $11.9M / $15.3M |
| Active participants, start / end of year | 512 / 532 |
| Participants with account balances | 350 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pricekubecka, PLLC |
Largest service providers (Schedule C)
| John Hancock Life Insurance Company | $82,766 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250723100016NAL0008224610001, received 2025-07-23, EIN 75-3104942, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.