Plan Ledger DOL Form 5500 · updated monthly

Clarion Healthcare Consulting, LLC401(k)

CLARION HEALTHCARE CONSULTING 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.37%

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

Clarion Healthcare Consulting, LLC reported $52,840 in plan administrative expenses for 2023: 0.37% of average plan assets, above the peer median. Employer contributions averaged $4,856 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 $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (1,501st of 2,726), and the 1,229th of 3,341 in other services. In 2023, employees put in $2.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,085,256
Participants with balances185
Active participants90
Employer contributions$437,075
Employee contributions$1,228,167
Employer contribution per active participant$4,856
Average account balance$86,947
Benefits paid to participants$477,255
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$0
2023$16.1M · 185 accts · $437K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,840
Total administrative$52,840
The Clarion Healthcare Consulting, LLC 401(k) match · 2023
Employer contribution per active participant$4,856
Median for plans this size$2,440

Clarion Healthcare Consulting, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
AMERICAN FIDUCIARY CORPORATION · Other servicesindirect comp

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

Administrative cost history2
2024Not separately reported
2023$52,840 · 0.37%
Similar plansOther Services · Massachusetts
Berkshire County Arc, Inc. MA$18.9M · 0.12%
Way Finders, Inc. MA$14.2M · 0.04%
Harold Grinspoon Foundation MA$13.4M · 0.44%
Proteus Fund Inc. MA$13.0M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134257227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.