Plan Ledger DOL Form 5500 · updated monthly

Anthem Memory Care, LLC401(k)

ANTHEM MEMORY CARE 401(K) PLAN · WEST LINN, OR · plan year 2024

Reported admin expense ratio · 2024
1.95%

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

Anthem Memory Care, LLC reported $49,380 in plan administrative expenses for 2024: 1.95% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4 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 0.42% to 1.95%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (874th of 1,021), and 9,583rd of 11,911 in health care & social assistance. In 2024, employees put in $152.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,566,031
Participants with balances145
Active participants834
Employer contributions$3,134
Employee contributions$477,644
Employer contribution per active participant$4
Average account balance$17,697
Benefits paid to participants$667,026
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 145 accts · $3K emplr
2023$2.5M · 410 accts
2022$2.2M · 412 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,399
Total administrative$49,380
The Anthem Memory Care, LLC 401(k) match · 2024
Employer contribution per active participant$4
Median for plans this size$1,313

Anthem Memory Care, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$14,305
RAYMOND JAMES FSA INC · Investment advisory (participants)indirect comp

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$49,380 · 1.95%
2023$12,886 · 0.55%
2022$9,816 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Waterfall Clinic, Inc. OR$2.8M · 0.23%
Willamette Family, Inc. OR$2.7M · 0.13%
Robison Jewish Home OR$2.7M · 0.05%
Kairos Northwest OR$2.5M · 0.17%
Community Vision, Inc OR$2.5M · 0.94%
Bend Health, Inc. OR$2.5M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800344051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.