Plan Ledger DOL Form 5500 · updated monthly

C.A.R.E.S. Inc.-Northeast401(k)

C.A.R.E.S. 401(K) PLAN · TAMAQUA, PA · plan year 2022

Reported admin expense ratio · 2022
1.33%

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

C.A.R.E.S. Inc.-Northeast reported $18,959 in plan administrative expenses for 2022: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,336 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.

Across the 1 year on file its reported administrative ratio fell from 1.33% to 0.08%. 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 (3,447th of 3,651), and 10,492nd of 11,911 in health care & social assistance. In 2022, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,470,795
Participants with balances177
Active participants151
Employer contributions$201,674
Employee contributions$235,868
Employer contribution per active participant$1,336
Average account balance$8,310
Benefits paid to participants$67,008
Plan auditUnmodified (clean) audit opinion
AuditorDEAN ACCOUNTING GROUP PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.2M · 90 accts · $153K emplr
2022$1.5M · 177 accts · $202K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$18,959
Total administrative$18,959
The C.A.R.E.S. Inc.-Northeast 401(k) match · 2022
Employer contribution per active participant$1,336
Median for plans this size$1,114
2023$2,038 per active participant
2022$1,336 per active participant

C.A.R.E.S. Inc.-Northeast'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 history2
2023$1,075 · 0.08%
2022$18,959 · 1.33%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Tadiso, Inc. PA$1.5M · 0.44%
Maternity Care Coalition PA$1.5M · 0.46%
The Ecumenical Community PA$1.5M · 0.19%
McAr, Inc. PA$1.4M · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463247953 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.