Plan Ledger DOL Form 5500 · updated monthly

Clinicare Corporation401(k)

CLINICARE CORPORATION 401(K) PLAN · WAUWATOSA, WI · plan year 2022

Reported admin expense ratio · 2022
0.76%

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

Clinicare Corporation reported $79,396 in plan administrative expenses for 2022: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,477 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 2 years on file its reported administrative ratio rose from 0.76% to 0.81%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,375th of 1,936), and 6,236th of 11,911 in health care & social assistance. In 2022, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,517,985
Participants with balances278
Active participants114
Employer contributions$168,370
Employee contributions$366,323
Employer contribution per active participant$1,477
Average account balance$30,640
Benefits paid to participants$2,225,422
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.9M · 213 accts · $83K emplr
2023$7.7M · 226 accts · $96K emplr
2022$8.5M · 278 accts · $168K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$73,515
Investment management$1,957
Total administrative$79,396
The Clinicare Corporation 401(k) match · 2022
Employer contribution per active participant$1,477
Median for plans this size$2,266
2024$814 per active participant
2023$963 per active participant
2022$1,477 per active participant

Clinicare Corporation's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$59,172 · 0.81%
2023$71,304 · 0.88%
2022$79,396 · 0.76%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Cap Services, Inc. WI$8.7M · 0.69%
Mj Care, Inc. WI$8.7M · 0.06%
Advocap, Inc. WI$8.7M · 0.45%
Attic Angel Association WI$8.5M · 0.83%
Hunger Task Force, Inc. WI$8.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391200637 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.