Plan Ledger DOL Form 5500 · updated monthly

Fox Nursing Home, Inc.401(k)

FOX NURSING HOME, INC. 401(K) PROFIT SHARING PLAN · CHESTER, WV · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

Fox Nursing Home, Inc. reported $32,225 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $785 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in West Virginia (226th of 265), and 9,566th of 11,911 in health care & social assistance. In 2022, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,589,816
Participants with balances63
Active participants171
Employer contributions$134,258
Employee contributions$168,007
Employer contribution per active participant$785
Average account balance$41,108
Benefits paid to participants$838,438
Plan auditUnmodified (clean) audit opinion
AuditorR.D. HOAG & ASSOCIATES
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$32,225
Total administrative$32,225
The Fox Nursing Home, Inc. 401(k) match · 2022
Employer contribution per active participant$785
Median for plans this size$1,114

Fox Nursing Home, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size. 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$32,225 · 1.04%
Same employer
Similar plansHealth Care & Social Assistance · West Virginia
The Potomac Center, Inc. WV$3.1M · 0.17%
Healthways, Inc. WV$2.5M · 0.98%
Best Life Therapy, LLC WV$2.4M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550653345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.