Plan Ledger DOL Form 5500 · updated monthly

Bradley Home for the Aged401(k)

THE BRADLEY HOME 401K PLAN · MERIDEN, CT · plan year 2022

Reported admin expense ratio · 2022
0.46%

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

Bradley Home for the Aged reported $21,300 in plan administrative expenses for 2022: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,231 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (945th of 1,106), and 8,357th of 11,911 in health care & social assistance. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,276,943
Participants with balances92
Active participants84
Employer contributions$103,374
Employee contributions$162,271
Employer contribution per active participant$1,231
Average account balance$46,489
Benefits paid to participants$338,214
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,300
Total administrative$21,300
The Bradley Home for the Aged 401(k) match · 2022
Employer contribution per active participant$1,231
Median for plans this size$1,114

Bradley Home for the Aged's 2022 employer contribution ran above the $1,114 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$21,300 · 0.46%
Similar plansHealth Care & Social Assistance · Connecticut
Liberation Programs, Inc. CT$4.4M · 0.50%
The Suffield Manor CT$4.2M · 0.83%
Hebrew Health Care, Inc. CT$4.2M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.