Plan Ledger DOL Form 5500 · updated monthly

El Reposo Nursing Facility401(k)

LCNH/ERNF 401(K) RETIREMENT PLAN · FLORENCE, AL · plan year 2024

Reported admin expense ratio · 2024
1.42%

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

El Reposo Nursing Facility reported $27,787 in plan administrative expenses for 2024: 1.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $575 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 1.42%. 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 Alabama (799th of 902), and 10,007th of 11,911 in health care & social assistance. In 2024, employees put in $2.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,055,421
Participants with balances143
Active participants128
Employer contributions$73,622
Employee contributions$185,459
Employer contribution per active participant$575
Average account balance$14,374
Benefits paid to participants$285,079
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 143 accts · $74K emplr
2023$1.9M · 133 accts · $72K emplr
2022$1.5M · 130 accts · $72K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,787
Total administrative$27,787
The El Reposo Nursing Facility 401(k) match · 2024
Employer contribution per active participant$575
Median for plans this size$1,313
2024$575 per active participant
2023$591 per active participant
2022$584 per active participant

El Reposo Nursing Facility'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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeepingindirect comp
EDWARD D. JONES & CO L.P. · Investment advisory (participants)$9,563
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$383

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$27,787 · 1.42%
2023$23,962 · 1.41%
2022$23,349 · 1.48%
Similar plansHealth Care & Social Assistance · Alabama
Extendicare, Inc. AL$2.1M · 0.10%
McBh, LLC AL$2.0M · 1.09%
St. Martin's-In-The-Pines AL$1.8M · 0.37%
Southern Springs AL$1.8M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 630363468 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.