Plan Ledger DOL Form 5500 · updated monthly

Continuum Healthcare, LLC401(k)

CONTINUUM HEALTHCARE, LLC 401(K) PLAN · ENGLEWOOD CLIFFS, NJ · plan year 2024

Reported admin expense ratio · 2024
1.27%

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

Continuum Healthcare, LLC reported $51,232 in plan administrative expenses for 2024: 1.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Jersey (1,952nd of 2,419), and 8,392nd of 11,911 in health care & social assistance. active participation has grown from 667 to 1,080 since 2022.

Plan summary
Net assets, end of year$4,227,200
Participants with balances149
Active participants1,080
Employer contributions$0
Employee contributions$221,649
Employer contribution per active participant$0
Average account balance$28,370
Benefits paid to participants$246,592
Plan auditUnmodified (clean) audit opinion
AuditorFASTEN HALBERSTAM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.2M · 149 accts
2023$3.8M · 141 accts
2022$3.8M · 142 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$51,232
Total administrative$51,232
The Continuum Healthcare, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Continuum Healthcare, LLC's 2024 employer contribution ran below the $1,313 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$48,330
INTAC ACTUARIAL SERVICES, INC. · Recordkeeping · Loan processing$1,300
ENVESTNET RETIREMENT SOLUTIONS LLC · Investment advisory (plan)$1,588

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

Recordkeeper by year2
2024INTAC ACTUARIAL SERVICES, INC., Transamerica
2023INTAC ACTUARIAL SERVICES, INC., Transamerica

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

Administrative cost history3
2024$51,232 · 1.27%
2023$52,491 · 1.38%
2022$54,026 · 1.24%
Similar plansHealth Care & Social Assistance · New Jersey
Little Hill Foundation NJ$4.4M · 0.52%
Senior Care of Hamilton NJ$4.3M · 1.12%
Keswick Pines, Inc. NJ$4.1M · 0.59%
Vantage Health System NJ$3.9M · 0.60%
New Jersey Urology, LLC NJ$3.8M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462972429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.