Plan Ledger DOL Form 5500 · updated monthly

Continuum Health Services, Inc.401(k)

CONTINUUM HEALTH SERVICES, INC. 401(K) PLAN · LEWISTON, ME · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Continuum Health Services, Inc. reported $69,900 in plan administrative expenses for 2023: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,955 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 0.43% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (191st of 354), and the 4,742nd of 11,911 in health care & social assistance. In 2023, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 611 to 84 since 2022.

Plan summary
Net assets, end of year$13,757,853
Participants with balances273
Active participants84
Employer contributions$332,215
Employee contributions$621,007
Employer contribution per active participant$3,955
Average account balance$50,395
Benefits paid to participants$2,382,160
Plan auditUnmodified (clean) audit opinion
AuditorBERRY, DUNN, MCNEIL & PARKER, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 206 accts · $75K emplr
2023$13.8M · 273 accts · $332K emplr
2022$13.4M · 292 accts · $359K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,063
Investment management$29,719
Trustee / custodial$3,703
Total administrative$69,900
The Continuum Health Services, Inc. 401(k) match · 2023
Employer contribution per active participant$3,955
Median for plans this size$2,440
2024$732 per active participant
2023$3,955 per active participant
2022$587 per active participant

Continuum Health Services, Inc.'s 2023 employer contribution ran above the $2,440 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 · 20232
SENTINEL BENEFITS GROUP, LLC · Recordkeeping$36,063
CLEARPOINT CAPITAL · Investment advisory (plan)$29,719

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$65,529 · 0.51%
2023$69,900 · 0.51%
2022$65,662 · 0.43%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Penquis C.A.P. Inc. ME$19.3M · 0.65%
Opportunity Alliance ME$18.1M · 0.52%
Pines Health Services ME$14.6M · 0.41%
Community Concepts, Inc. ME$12.7M · 0.85%
Calais Community Hospital ME$12.6M · 0.57%
First Atlantic Corporation ME$11.8M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010508992 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.