Plan Ledger DOL Form 5500 · updated monthly

Carelink of Jackson, a Community-Owned Specialty Hospital403(b)

CARELINK OF JACKSON TAX DEFERRED ANNUITY PLAN · JACKSON, MI · plan year 2022

Reported admin expense ratio · 2022
0.13%

Carelink of Jackson, a Community-Owned Specialty Hospital reported $2,501 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% 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 fell from 0.13% to 0.04%. 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 Michigan (2,353rd of 2,619), and 9,992nd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,070,300
Participants with balances216
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$9,585
Benefits paid to participants$57,781
Plan auditUnmodified (clean) audit opinion
AuditorGJC CPA & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 196 accts
2023$2.1M · 206 accts
2022$2.1M · 216 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,501
Total administrative$2,501
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 history3
2024$886 · 0.04%
2023$2,419 · 0.12%
2022$2,501 · 0.13%
Similar plansHealth Care & Social Assistance · Michigan
Wolverine Human Services MI$2.2M · 0.05%
Focus Hope MI$2.2M · 0.72%
Pioneer Resources, Inc. MI$1.9M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381218485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.