Plan Ledger DOL Form 5500 · updated monthly

Boone County Independent Living, Inc.401(k)

INDEPENDENT LIVING 401(K) · HARRISON, AR · plan year 2022

Reported admin expense ratio · 2022
0.43%

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

Boone County Independent Living, Inc. reported $3,193 in plan administrative expenses for 2022: 0.43% of average plan assets, below the peer median. Employer contributions averaged $584 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 Arkansas (433rd of 456), and 11,189th of 11,911 in health care & social assistance. In 2022, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$676,586
Participants with balances45
Active participants90
Employer contributions$52,595
Employee contributions$64,462
Employer contribution per active participant$584
Average account balance$15,035
Benefits paid to participants$98,205
Plan auditUnmodified (clean) audit opinion
AuditorPIERCE FIRM, PLLC
Administrative expenses, itemized · 2022
Professional / advisory$3,193
Total administrative$3,193
The Boone County Independent Living, Inc. 401(k) match · 2022
Employer contribution per active participant$584
Median for plans this size$331

Boone County Independent Living, Inc.'s 2022 employer contribution ran above 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$3,193 · 0.43%
Similar plansHealth Care & Social Assistance · Arkansas
Craighead Nursing Center AR$1.0M · 1.14%
Bradley Bibb, M.D., PLLC AR$935K · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581627294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.