Plan Ledger DOL Form 5500 · updated monthly

Cedar Crest Nursing Centre, Inc.401(k)

CEDAR CREST NURSING CENTRE, INC. 401(K) PROFIT SHARING PLAN · CRANSTON, RI · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Cedar Crest Nursing Centre, Inc. reported $32,667 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $311 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 3 years on file its reported administrative ratio has held roughly steady near 0.41%. 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 Rhode Island (184th of 286), and 6,343rd of 11,911 in health care & social assistance. In 2024, employees put in $8.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,251,949
Participants with balances126
Active participants172
Employer contributions$53,427
Employee contributions$473,827
Employer contribution per active participant$311
Average account balance$65,492
Benefits paid to participants$848,791
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 126 accts · $53K emplr
2023$7.7M · 123 accts · $50K emplr
2022$6.5M · 121 accts · $49K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,571
Investment management$20,096
Total administrative$32,667
The Cedar Crest Nursing Centre, Inc. 401(k) match · 2024
Employer contribution per active participant$311
Median for plans this size$1,313
2024$311 per active participant
2023$299 per active participant
2022$286 per active participant

Cedar Crest Nursing Centre, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NORTHWESTERN MUTUAL INVESTMENT SERV · Recordkeeping · Trustee$20,096
ADP, INC. · Recordkeeping$12,571
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, NORTHWESTERN MUTUAL INVESTMENT SERV
2023ADP, NORTHWESTERN MUTUAL INVESTMENT SERV

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Administrative cost history3
2024$32,667 · 0.41%
2023$28,377 · 0.40%
2022$27,512 · 0.40%
Similar plansHealth Care & Social Assistance · Rhode Island
Edesia, Inc. RI$9.1M · 0.24%
Accesspoint Ri RI$8.8M · 0.37%
Plum Dental Group, L.L.C. RI$8.2M · 0.51%
Nursing Placement Inc. RI$7.5M · 0.80%
Avatar Residential, Inc. RI$7.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050458675 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.