Plan Ledger DOL Form 5500 · updated monthly

Animal Specialty Care Center O401(k)

ANIMAL SPECIALTY CARE CENTER O 401(K) PROFIT SHARING PLAN & TRUST · PORTLAND, ME · plan year 2023

Reported admin expense ratio · 2023
2.46%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Animal Specialty Care Center O reported $38,860 in plan administrative expenses for 2023: 2.46% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,042 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maine (347th of 354), and 11,436th of 11,654 in professional & technical services. In 2023, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$465,638
Participants with balances38
Active participants132
Employer contributions$269,575
Employee contributions$538,120
Employer contribution per active participant$2,042
Average account balance$12,254
Benefits paid to participants$3,388,170
Plan auditUnmodified (clean) audit opinion
AuditorSTOWE AND DEGON
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,570
Investment management$14,290
Total administrative$38,860
The Animal Specialty Care Center O 401(k) match · 2023
Employer contribution per active participant$2,042
Median for plans this size$1,308

Animal Specialty Care Center O'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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PAYCHEX, INC. · Recordkeeping$24,421
MML INVESTORS SERVICES, LLC · Investment advisory (participants)$13,430

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2023$38,860 · 2.46%
Similar plansProfessional & Technical Services · Maine
Epco, LLC ME$3.2M · 0.27%
Jmc Associates, P.A. ME$1.6M · 0.05%
Ll Ny Payroll LLC ME$1.4M · 0.24%
Gentle Dental ME$480K · 1.07%
Cynet Systems Inc VA$477K · 0.52%
Ndl LLC FL$475K · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300879570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.