Plan Ledger DOL Form 5500 · updated monthly

Encore Rehabilitation Services401(k)

ENCORE REHABILITATION SERVICES 401(K) PROFIT SHARING PLAN · FARMINGTION HILLS, MI · plan year 2023

Reported admin expense ratio · 2023
0.61%

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

Encore Rehabilitation Services reported $288,164 in plan administrative expenses for 2023: 0.61% of average plan assets, higher than ~75% of peers. Employer contributions averaged $270 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 1 year on file its reported administrative ratio rose from 0.53% to 0.61%. 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 the 537th-largest of 2,619 plans among Michigan employers on file, and the 1,947th of 11,911 in health care & social assistance. In 2023, employees put in $7.78 for every $1.00 the employer contributed; active participation has shrunk from 1,934 to 1,305 since 2022.

Plan summary
Net assets, end of year$47,552,747
Participants with balances2,048
Active participants1,305
Employer contributions$352,187
Employee contributions$2,741,653
Employer contribution per active participant$270
Average account balance$23,219
Benefits paid to participants$10,071,055
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$47.6M · 2,048 accts · $352K emplr
2022$47.2M · 2,233 accts · $485K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$24,514
Investment management$263,650
Total administrative$288,164
The Encore Rehabilitation Services 401(k) match · 2023
Employer contribution per active participant$270
Median for plans this size$2,440
2023$270 per active participant
2022$251 per active participant

Encore Rehabilitation Services's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
ADP, INC. · Loan processing · Recordkeeping$169,901
GREGORY J. SCHWARTZ & CO., INC. · Recordkeeping · Pension consulting$86,213
PLANTE & MORAN, PLLC · Recordkeeping · Pension consulting$32,050
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, GREGORY J. SCHWARTZ & CO., INC.
2023ADP, GREGORY J. SCHWARTZ & CO., INC., PLANTE & MORAN, PLLC

This plan has changed recordkeepers within these filings. If you left Encore Rehabilitation Services before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$288,164 · 0.61%
2022$289,138 · 0.53%
Same employer
Similar plansHealth Care & Social Assistance · Michigan
Emergent Health Partners MI$59.4M · 0.23%
Gift of Life Michigan MI$53.9M · 0.04%
Christian Living Services MI$45.8M · 0.41%
Aspire Rural Health System MI$45.8M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208215706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.