Plan Ledger DOL Form 5500 · updated monthly

Ark National Holdings LLC (D/B/A Ark Behavioral)401(k)

VICTORY RD 401(K) PLAN · QUINCY, MA · plan year 2024

Reported admin expense ratio · 2024
1.56%

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

Ark National Holdings LLC (D/B/A Ark Behavioral) reported $149,579 in plan administrative expenses for 2024: 1.56% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,978 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 fell from 1.93% to 1.56%. 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 Massachusetts (1,922nd of 2,726), and the 5,798th of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has shrunk from 835 to 301 since 2022.

Plan summary
Net assets, end of year$9,701,914
Participants with balances545
Active participants301
Employer contributions$896,332
Employee contributions$1,585,875
Employer contribution per active participant$2,978
Average account balance$17,802
Benefits paid to participants$3,351,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 545 accts · $896K emplr
2023$9.5M · 759 accts · $1.1M emplr
2022$7.1M · 698 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$149,579
Total administrative$149,579
The Ark National Holdings LLC (D/B/A Ark Behavioral) 401(k) match · 2024
Employer contribution per active participant$2,978
Median for plans this size$1,313
2024$2,978 per active participant
2023$2,633 per active participant
2022$1,425 per active participant

Ark National Holdings LLC (D/B/A Ark Behavioral)'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
COMPASS 360, LLC · Recordkeeping · Loan processing$63,917
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$52,770
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$32,891

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

Recordkeeper by year2
2024COMPASS 360, LLC, Transamerica
2023COMPASS 360, LLC, Transamerica

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Administrative cost history3
2024$149,579 · 1.56%
2023$154,794 · 1.87%
2022$119,247 · 1.93%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Enable, Inc. MA$9.9M · 1.55%
The Boston Home, Inc. MA$9.6M · 0.04%
Health Imperatives, Inc. MA$9.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832215221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.