Plan Ledger DOL Form 5500 · updated monthly

Continuing Care Management LLC401(k)

SALMON HEALTH AND RETIREMENT · WESTBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Continuing Care Management LLC reported $159,767 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $217 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 3 years on file its reported administrative ratio has held roughly steady near 0.40%. 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 805th-largest of 2,726 plans among Massachusetts employers on file, and the 2,183rd of 11,911 in health care & social assistance. In 2024, employees put in $9.29 for every $1.00 the employer contributed; active participation has shrunk from 1,060 to 901 since 2022.

Plan summary
Net assets, end of year$41,453,962
Participants with balances815
Active participants901
Employer contributions$195,304
Employee contributions$1,814,235
Employer contribution per active participant$217
Average account balance$50,864
Benefits paid to participants$5,773,190
Plan auditUnmodified (clean) audit opinion
AuditorCARON&BLETZER,PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.5M · 815 accts · $195K emplr
2023$38.7M · 607 accts · $171K emplr
2022$34.2M · 597 accts · $5K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,600
Investment management$133,167
Total administrative$159,767
The Continuing Care Management LLC 401(k) match · 2024
Employer contribution per active participant$217
Median for plans this size$2,416
2024$217 per active participant
2023$191 per active participant
2022$5 per active participant

Continuing Care Management LLC'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 · 20243
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$50,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$26,600
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,092

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$159,767 · 0.40%
2023$154,905 · 0.42%
2022$155,709 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Lfb USA, Inc. MA$42.3M · 0.15%
Apderm Management LLC MA$39.3M · 0.34%
Community Teamwork Inc. MA$37.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043558942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.