Plan Ledger DOL Form 5500 · updated monthly

Clinton Area Care Center, Inc. dba Hazel Findlay Country Manor403(b)

HAZEL FINDLAY COUNTRY MANOR 403(B) PLAN · ST. JOHNS, MI · plan year 2023

Reported admin expense ratio · 2023
1.14%

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

Clinton Area Care Center, Inc. dba Hazel Findlay Country Manor reported $9,684 in plan administrative expenses for 2023: 1.14% of average plan assets, above the peer median. Employer contributions averaged $614 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 has held roughly steady near 1.14%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,475th of 2,619), and 10,852nd of 11,911 in health care & social assistance. In 2023, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,061,706
Participants with balances65
Active participants153
Employer contributions$94,018
Employee contributions$197,809
Employer contribution per active participant$614
Average account balance$16,334
Benefits paid to participants$48,564
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.1M · 65 accts · $94K emplr
2022$630K · 61 accts · $85K emplr
Employer contributions to the Clinton Area Care Center, Inc. dba Hazel Findlay Country Manor plan · 2023
Employer contribution per active participant$614
Median for plans this size$522
2023$614 per active participant
2022$615 per active participant

Clinton Area Care Center, Inc. dba Hazel Findlay Country Manor's 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
REHMANN LLC · Investment advisory (plan) · Contract administrator$6,578
EMPOWER ADVISORY GROUP, LLC · Investment management$1,327

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

Administrative cost history2
2023$9,684 · 1.14%
2022$6,356 · 1.13%
Similar plansHealth Care & Social Assistance · Michigan

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 382231104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.