Plan Ledger DOL Form 5500 · updated monthly

Caring Health Center, Inc.403(b)

CARING HEALTH CENTER, INC. MATCHED RETIREMENT SAVINGS PLAN · SPRINGFIELD, MA · plan year 2021

Reported admin expense ratio · 2021
0.02%

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

Caring Health Center, Inc. reported $1,233 in plan administrative expenses for 2021: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $502 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 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,242nd of 2,726), and 7,389th of 11,911 in health care & social assistance. In 2021, employees put in $3.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,933,034
Participants with balances192
Active participants288
Employer contributions$144,705
Employee contributions$499,788
Employer contribution per active participant$502
Average account balance$30,901
Benefits paid to participants$207,912
Plan auditDisclaimer of opinion
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$1,233
Total administrative$1,233
Employer contributions to the Caring Health Center, Inc. plan · 2021
Employer contribution per active participant$502
Median for plans this size$994

Caring Health Center, Inc.'s 2021 employer contribution ran below the $994 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2021$1,233 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Comfort Home Care, LLC MA$6.4M · 0.68%
Community Servings, Inc. MA$6.1M · 0.02%
Sunshine Village MA$5.8M · 0.15%
New England Village, Inc. MA$5.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042620040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.