Plan Ledger DOL Form 5500 · updated monthly

Friendship Manor Inc.403(b)

FRIENDSHIP MANOR INC. EMPLOYEES PENSION PLAN · ROCK ISLAND, IL · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Friendship Manor Inc. reported $300 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $623 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 Illinois (3,083rd of 3,702), and 8,538th of 11,911 in health care & social assistance. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,025,643
Participants with balances88
Active participants230
Employer contributions$143,236
Employee contributions$224,713
Employer contribution per active participant$623
Average account balance$45,746
Benefits paid to participants$547,347
Plan auditUnmodified (clean) audit opinion
AuditorANDERSON, LOWER, WHITLOW, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$300
Total administrative$300
Employer contributions to the Friendship Manor Inc. plan · 2022
Employer contribution per active participant$623
Median for plans this size$1,114

Friendship Manor 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$300 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Cardiac Imaging, Inc. IL$4.3M · 0.66%
Little Friends, Inc. IL$4.2M · 1.11%
Community Link, Inc. IL$4.2M · 0.17%
Sunset Home IL$3.9M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362524984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.