Plan Ledger DOL Form 5500 · updated monthly

Cambridge Village Management, LLC401(k)

CAMBRIDGE VILLAGE SENIOR LIVING 401(K) PLAN · RALEIGH, NC · plan year 2022

Reported admin expense ratio · 2022
1.53%

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

Cambridge Village Management, LLC reported $7,445 in plan administrative expenses for 2022: 1.53% of average plan assets, above the peer median. Employer contributions averaged $493 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 professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,943rd of 2,005), and 11,425th of 11,654 in professional & technical services. In 2022, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$506,156
Participants with balances48
Active participants110
Employer contributions$54,196
Employee contributions$157,251
Employer contribution per active participant$493
Average account balance$10,545
Benefits paid to participants$70,818
Plan auditUnmodified (clean) audit opinion
AuditorBATCHELOR, TILLERY & ROBERTS, LLP.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$7,445
Total administrative$7,445
The Cambridge Village Management, LLC 401(k) match · 2022
Employer contribution per active participant$493
Median for plans this size$331

Cambridge Village Management, LLC'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$7,445 · 1.53%
Same employer
Similar plansProfessional & Technical Services · North Carolina
Isolved Peo, LLC NC$688K · 0.70%
Smart Ims NJ$518K · 1.31%
Bask Inc MA$518K · 0.80%
Premier Logitech LLC TX$516K · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270864015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.