Plan Ledger DOL Form 5500 · updated monthly

El Castillo Retirement Residences403(b)

EL CASTILLO 403(B) RETIREMENT PLAN · SANTA FE, NM · plan year 2022

Reported admin expense ratio · 2022
0.95%

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

El Castillo Retirement Residences reported $16,351 in plan administrative expenses for 2022: 0.95% of average plan assets, higher than ~75% of peers. Employer contributions averaged $446 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (248th of 290), and 10,319th of 11,911 in health care & social assistance. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,678,881
Participants with balances53
Active participants172
Employer contributions$76,783
Employee contributions$136,462
Employer contribution per active participant$446
Average account balance$31,677
Benefits paid to participants$522,466
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,351
Total administrative$16,351
Employer contributions to the El Castillo Retirement Residences plan · 2022
Employer contribution per active participant$446
Median for plans this size$1,114

El Castillo Retirement Residences's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,351 · 0.95%
Similar plansHealth Care & Social Assistance · New Mexico
Duke City Urgent Care LLC NM$2.1M · 0.04%
Basin Home Health, Inc. NM$2.1M · 0.67%
All Faiths NM$1.9M · 0.96%
Santa Fe Recovery Center NM$1.6M · 1.68%
Help - New Mexico, Inc. NM$1.5M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850211735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.