Plan Ledger DOL Form 5500 · updated monthly

Broad Acres Nursing Home Association403(b)

BROAD ACRES NURSING HOME ASSOCIATION 403(B) PLAN · WELLSBORO, PA · plan year 2022

Reported admin expense ratio · 2022
0.38%

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

Broad Acres Nursing Home Association reported $4,991 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $150 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 Pennsylvania (3,486th of 3,651), and 10,685th of 11,911 in health care & social assistance. In 2022, employees put in $5.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,244,339
Participants with balances34
Active participants121
Employer contributions$18,110
Employee contributions$93,295
Employer contribution per active participant$150
Average account balance$36,598
Benefits paid to participants$25,990
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCANN P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,991
Total administrative$4,991
Employer contributions to the Broad Acres Nursing Home Association plan · 2022
Employer contribution per active participant$150
Median for plans this size$1,114

Broad Acres Nursing Home Association's 2022 employer contribution ran below the $1,114 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$4,991 · 0.38%
Similar plansHealth Care & Social Assistance · Pennsylvania
Ellen Memorial, LLC PA$1.3M · 1.16%
Daily Dove Care PA$1.2M · 7.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251255591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.