Plan Ledger DOL Form 5500 · updated monthly

Atlas Senior Living II LLC401(k)

ATLAS SENIOR LIVING II 401(K) PLAN · BIRMINGHAM, AL · plan year 2022

Reported admin expense ratio · 2022
2.42%

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

Atlas Senior Living II LLC reported $6,965 in plan administrative expenses for 2022: 2.42% of average plan assets, higher than ~75% of peers. Employer contributions averaged $70 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Alabama (890th of 902), and 11,552nd of 11,911 in health care & social assistance. In 2022, employees put in $1.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$328,214
Participants with balances92
Active participants840
Employer contributions$58,777
Employee contributions$97,043
Employer contribution per active participant$70
Average account balance$3,568
Benefits paid to participants$23,832
Plan auditUnmodified (clean) audit opinion
AuditorHORTON,LEE,BURNETT,PEACOCK,CLEVELAN
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$6,965
Total administrative$6,965
The Atlas Senior Living II LLC 401(k) match · 2022
Employer contribution per active participant$70
Median for plans this size$331

Atlas Senior Living II LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$6,965 · 2.42%
Same employer
Similar plansHealth Care & Social Assistance · Alabama
Ivy Creek Healthcare, LLC AL$491K · 0.23%
Arc Riverside CA$332K · 1.03%
Ready Responders, Inc. LA$332K · 2.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834534978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.