Plan Ledger DOL Form 5500 · updated monthly

Episcopal Church Home & Affiliates Life Care Community, Inc.401(k)

CANTERBURY WOODS 401(K) RETIREMENT SAVINGS PLAN · WILLIAMSVILLE, NY · plan year 2023

Reported admin expense ratio · 2023
0.85%

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

Episcopal Church Home & Affiliates Life Care Community, Inc. reported $34,348 in plan administrative expenses for 2023: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $212 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 fell from 1.85% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (4,580th of 5,648), and 8,223rd of 11,911 in health care & social assistance. In 2023, employees put in $10.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,489,896
Participants with balances180
Active participants149
Employer contributions$31,633
Employee contributions$326,080
Employer contribution per active participant$212
Average account balance$24,944
Benefits paid to participants$144,366
Plan auditUnmodified (clean) audit opinion
AuditorJAMES JULIANO
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 180 accts · $32K emplr
2022$3.6M · 152 accts · $35K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,348
Total administrative$34,348
The Episcopal Church Home & Affiliates Life Care Community, Inc. 401(k) match · 2023
Employer contribution per active participant$212
Median for plans this size$1,308
2023$212 per active participant
2022$265 per active participant

Episcopal Church Home & Affiliates Life Care Community, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$34,375
NORTH WOODS ASSET MANAGEMENT LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$34,348 · 0.85%
2022$75,344 · 1.85%
Similar plansHealth Care & Social Assistance · New York
Alliance Homecare, Inc. NY$4.5M · 0.56%
Ultimate Care, Inc. NY$4.5M · 0.43%
At Home Care, Inc. NY$4.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161490676 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.