Plan Ledger DOL Form 5500 · updated monthly

Foltsbrook Center for Nursing and Rehabilitation401(k)

WECARE HCC LLC 401(K) PROFIT SHARING PLAN · HERKIMER, NY · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

Foltsbrook Center for Nursing and Rehabilitation reported $972 in plan administrative expenses for 2022: 0.49% of average plan assets, below the peer median. Employer contributions averaged $0 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New York (5,539th of 5,648), and 11,647th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$223,071
Participants with balances25
Active participants207
Employer contributions$0
Employee contributions$67,475
Employer contribution per active participant$0
Average account balance$8,923
Benefits paid to participants$6,963
Plan auditUnmodified (clean) audit opinion
AuditorALAN GOODMAN CPA, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$972
Total administrative$972
The Foltsbrook Center for Nursing and Rehabilitation 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Foltsbrook Center for Nursing and Rehabilitation's 2022 employer contribution ran below the $331 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$972 · 0.49%
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Source: U.S. Department of Labor, Form 5500 series, EIN 825316609 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.