Plan Ledger DOL Form 5500 · updated monthly

Bel Air Care Center401(k)

BEL AIR CARE CENTER 401(K) PROFIT SHARING PLAN & TRUST · BREWSTER, OH · plan year 2022

Reported admin expense ratio · 2022
2.99%

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

Bel Air Care Center reported $19,034 in plan administrative expenses for 2022: 2.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $250 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 professional & technical services employers. By assets it is among the smaller plans on file in Ohio (3,201st of 3,295), and 11,402nd of 11,654 in professional & technical services. In 2022, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$570,884
Participants with balances22
Active participants91
Employer contributions$22,727
Employee contributions$29,390
Employer contribution per active participant$250
Average account balance$25,949
Benefits paid to participants$61,019
Plan auditUnmodified (clean) audit opinion
AuditorBSB PARTNERS CPAS AND BUSINESS ADVI
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$8,858
Investment management$3,676
Professional / advisory$6,500
Total administrative$19,034
The Bel Air Care Center 401(k) match · 2022
Employer contribution per active participant$250
Median for plans this size$331

Bel Air Care Center's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$19,034 · 2.99%
Similar plansProfessional & Technical Services · Ohio
U.S.Tank Alliance, Inc. OH$1.1M · 0.15%
Dizer Corp OH$396K · 1.61%
Fairhaven Industries Inc OH$208K · 3.38%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 341426629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.