Plan Ledger DOL Form 5500 · updated monthly

Clifton Rehabilitative Nursing Center401(k)

CLIFTON REHABILITATIVE NURSING CENTER 401(K) PLAN · SOMERSET, MA · plan year 2022

Reported admin expense ratio · 2022
0.06%

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

Clifton Rehabilitative Nursing Center reported $2,782 in plan administrative expenses for 2022: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1 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 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,426th of 2,726), and 8,755th of 11,911 in health care & social assistance. In 2022, employees put in $526.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,707,742
Participants with balances70
Active participants289
Employer contributions$300
Employee contributions$157,983
Employer contribution per active participant$1
Average account balance$52,968
Benefits paid to participants$775,733
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$3.7M · 70 accts · $300 emplr
The Clifton Rehabilitative Nursing Center 401(k) match · 2022
Employer contribution per active participant$1
Median for plans this size$1,114

Clifton Rehabilitative Nursing Center's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$2,782 · 0.06%
Similar plansHealth Care & Social Assistance · Massachusetts
Delta Projects, Inc. MA$3.8M · 0.79%
Old Colony Hospice, Inc. MA$3.6M · 1.08%
Duffy Health Center, Inc. MA$3.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042702261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.