Plan Ledger DOL Form 5500 · updated monthly

Commonwealth Care of Roanoke, Inc.401(k)

COMMONWEALTH CARE OF ROANOKE, INC. 401(K) PLAN · ROANOKE, VA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Commonwealth Care of Roanoke, Inc. reported $62,049 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $377 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 fell from 0.38% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 864th-largest of 2,266 plans among Virginia employers on file, and the 3,189th of 11,911 in health care & social assistance. In 2024, employees put in $6.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,631,639
Participants with balances669
Active participants1,399
Employer contributions$527,098
Employee contributions$3,412,014
Employer contribution per active participant$377
Average account balance$36,819
Benefits paid to participants$2,524,052
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 669 accts · $527K emplr
2023$20.0M · 581 accts · $440K emplr
2022$16.8M · 580 accts · $392K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,560
Investment management$489
Total administrative$62,049
The Commonwealth Care of Roanoke, Inc. 401(k) match · 2024
Employer contribution per active participant$377
Median for plans this size$2,416
2024$377 per active participant
2023$313 per active participant
2022$296 per active participant

Commonwealth Care of Roanoke, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$489

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

Administrative cost history3
2024$62,049 · 0.28%
2023$45,452 · 0.25%
2022$67,423 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Virginia
Anchor Healthcare, P.L.C. VA$25.3M · 0.24%
The Amyotrophic Lateral VA$24.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753020239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.