401(k) · DOL Form 5500 · 2024

Purpose Home Health 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
2,459
Participants Above avg headcount
54th
Percentile by assets National rank
$3,803
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Purpose Home Health 401(k) Plan · Sponsored by Purpose Home Health · Indiana · Healthcare & Social Assistance

$9M in assets, 2,459 participants

Purpose Home Health's Purpose Home Health 401(k) Plan reported $9M in total assets and 2,459 participants in its 2024 DOL Form 5500 filing, ranking in the 54th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #10,098 in Healthcare & Social Assistance (16,916 peers)

Coverage in Indiana

Purpose Home Health 401(k) Plan covers 2,459 participants in Indiana, 4.5x the typical Indiana plan (state average ~541 per filing). Assets: $9M.

#10,098
in Healthcare & Social Assistance (16,916 peers)
+53.0%
assets growth YoY

Purpose Home Health 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Purpose Home Health 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,351,497 Top 46% higher than 54% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Purpose Home Health 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Purpose Home Health 401(k) Plan lands in the large band (2,459 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Purpose Home Health 401(k) Plan reported net income rose from $556K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Purpose Home Health 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Purpose Home Health 401(k) Plan reported participants rose from 1,631 in the plan year 2023 filing to 2,459 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 453772548 · Purpose Home Health PY 2024 · 401(k)

Purpose Home Health 401(k) Plan · $9M · 2,459 · 54th

  • ASSETS $9M
  • ASSETS 2,459
  • ASSETS 54th
  • ASSETS 401(k)
  • ASSETS near Communitybanc, Inc. Profit Sharing 401(k) Plan
  • ASSETS ind #10098

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Indiana →

Purpose Home Health 401(k) Plan in the asset neighbourhood

Purpose Home Health 401(k) PlanPurpose Home Health 401(k) P…$9MCommunitybanc, Inc. Profit Sharing 401(k) PlanCommunitybanc, Inc. Profit S…$9MNational Field Representatives 401(k) Profit Sharing Plan & TrustNational Field Representativ…$9MP&a Administrative Services, Inc. 401(k) PlanP&a Administrative Services,…$9MThe Cablecraft Retirement Savings PlanThe Cablecraft Retirement Sa…$9M
End-of-year total assets ($M) among Purpose Home Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$9M
Net Income$2M
Employer EIN453772548
Plan Effective Date2018-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Purpose Home Health)

Sponsor-wide plan assets over time

All Purpose Home Health plans reported in each filing year

Latest sponsor-wide plan assets
$9M 818.6029058568014% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $1.02M $9.35M ▲ +816.7%
Year Plans Participants Total Assets
2022 1 211 $1M
2023 1 1,631 $6M
2024 1 2,459 $9M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Purpose Home Health 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Purpose Home Health 401(k) Plan, Total assets ($B): 0.009351497 · Participants: 2459Purpose Home Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Purpose Home Health 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Purpose Home Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Communitybanc, Inc. Profit Sharing 401(k) Plan in OH ($9M); by covered participants it is Sterilite Corporation Retirement Income Partnership in MA (2,459 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,459 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Purpose Home Health 401(k) Plan assets move in 2024?
Purpose Home Health 401(k) Plan surged - up 53.0% during 2024, from $6M to $9M. Reported net income was $2M.
How have Purpose Home Health plan assets changed over time?
Across 3 plan years on file (2022-2024), Purpose Home Health's sponsor-wide assets grew 818.6%, from $1M to $9M.
Which 401(k) plans are similar in size to Purpose Home Health 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Communitybanc, Inc. Profit Sharing 401(k) Plan in OH ($9M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Purpose Home Health 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sterilite Corporation Retirement Income Partnership in MA (2,459 participants, $175M in assets).