Plan Ledger DOL Form 5500 · updated monthly

Broomfield Skilled Nursing and Rehabilitation Center LLC401(k)

BROOMFIELD 401(K) PLAN · BROOMFIELD, CO · plan year 2024

Reported admin expense ratio · 2024
1.76%

Broomfield Skilled Nursing and Rehabilitation Center LLC reported $25,045 in plan administrative expenses for 2024: 1.76% of average plan assets, higher than ~90% 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 rose from 0.60% to 1.76%. 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 Colorado (1,310th of 1,461), and 10,423rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,548,415
Participants with balances159
Active participants195
Employer contributions—
Employee contributions$350,277
Employer contribution per active participant—
Average account balance$9,738
Benefits paid to participants$238,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 159 accts
2023$1.3M · 168 accts
2022$1.0M · 155 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,045
Total administrative$25,045
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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$25,045

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$25,045 · 1.76%
2023$18,299 · 1.57%
2022$6,289 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Fairacres Manor, Inc. CO$1.6M · 0.38%
Support, Inc. CO$1.6M · 0.48%
Metro Crisis Services CO$1.5M · 0.42%
Griffith Centers, Inc. CO$1.3M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364458075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.