Garden Healthcare LLC401(k)
GARDEN HEALTHCARE LLC 401(K) PLAN · LAKEWOOD, NJ · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Garden Healthcare LLC reported $20,910 in plan administrative expenses for 2022: 12.97% of average plan assets, higher than ~90% of peers. Employer contributions averaged $14 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 Jersey (2,348th of 2,419), and 11,668th of 11,911 in health care & social assistance. In 2022, employees put in $3.09 for every $1.00 the employer contributed.
Garden Healthcare LLC'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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 814425471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.