Plan Ledger DOL Form 5500 · updated monthly

Alerislife, Inc.401(k)

FIVE STAR SENIOR LIVING, INC. RETIREMENT PLAN · NEWTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Alerislife, Inc. reported $574,195 in plan administrative expenses for 2024: 0.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $757 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 2 years on file its reported administrative ratio rose from 0.42% to 0.45%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 364th-largest of 2,726 plans among Massachusetts employers on file, and the 881st of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$128,255,201
Participants with balances5,874
Active participants8,551
Employer contributions$6,473,433
Employee contributions$11,841,880
Employer contribution per active participant$757
Average account balance$21,834
Benefits paid to participants$32,010,408
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$128.3M · 5,874 accts · $6.5M emplr
2023$126.2M · 7,500 accts · $7.0M emplr
2022$107.3M · 11,862 accts · $483K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$364,301
Investment management$181,054
Audit (IQPA)$28,840
Total administrative$574,195
The Alerislife, Inc. 401(k) match · 2024
Employer contribution per active participant$757
Median for plans this size$3,635
2024$757 per active participant
2023$725 per active participant
2022$51 per active participant

Alerislife, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20244
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$98,604
SAGEVIEW ADVISORY GROUP, LLC · Investment management$82,450
CBIZ CPAS P.C. · Accounting / audit$28,840

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

Administrative cost history3
2024$574,195 · 0.45%
2023$541,875 · 0.46%
2022$515,192 · 0.42%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
New England Baptist Hospital MA$139.3M · 0.09%
Commonwealth Care Alliance MA$128.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043516029 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.