Plan Ledger DOL Form 5500 · updated monthly

Bear Mountain Healthcare, LLC401(k)

BEAR MOUNTAIN 401(K) PLAN · THOMASTON, CT · plan year 2024

Reported admin expense ratio · 2024
1.05%

Bear Mountain Healthcare, LLC reported $44,474 in plan administrative expenses for 2024: 1.05% of average plan assets, higher than ~75% of peers. 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 1.21% to 1.05%. 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 Connecticut (942nd of 1,106), and 8,291st of 11,911 in health care & social assistance. active participation has shrunk from 2,407 to 1,960 since 2022.

Plan summary
Net assets, end of year$4,361,338
Participants with balances219
Active participants1,960
Employer contributions—
Employee contributions$701,012
Employer contribution per active participant—
Average account balance$19,915
Benefits paid to participants$933,900
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 219 accts
2023$4.1M · 229 accts
2022$3.1M · 225 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,474
Total administrative$44,474
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
MERRILL LYNCH, PIERCE, FENNER&SMITH · Investment advisory (plan)$20,270
LINCOLN NATIONAL CORPORATION · Contract administrator$19,900

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

Administrative cost history3
2024$44,474 · 1.05%
2023$36,169 · 1.00%
2022$35,557 · 1.21%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Utopia Home Care Inc. CT$4.5M · 0.02%
Liberation Programs, Inc. CT$4.4M · 0.50%
Bradley Home for the Aged CT$4.3M · 0.46%
The Suffield Manor CT$4.2M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814750544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.