Americare Health & Retirement, Inc.401(k)
AMERICARE HEALTH & RETIREMENT, INC. 401(K) PROFIT SHARING PLAN · SOLANA BEACH, CA · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Americare Health & Retirement, Inc. reported $25,125 in plan administrative expenses for 2023: 0.51% of average plan assets, above the peer median. Employer contributions averaged $1,392 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio rose from 0.20% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,810th of 9,483), and 7,583rd of 11,911 in health care & social assistance. In 2023, the employer put in $1.14 for every $1.00 employees contributed themselves; active participation has shrunk from 334 to 272 since 2022.
Americare Health & Retirement, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 330062797 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.