Plan Ledger DOL Form 5500 · updated monthly

Geras, LLC401(k)

FAMILY RESOURCE HOME CARE 401(K) PLAN · LIBERTY LAKE, WA · plan year 2023

Reported admin expense ratio · 2023
1.98%

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

Geras, LLC reported $52,024 in plan administrative expenses for 2023: 1.98% of average plan assets, higher than ~90% of peers. Employer contributions averaged $149 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 1 year on file its reported administrative ratio rose from 0.66% to 1.98%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Washington (1,515th of 1,714), and 9,427th of 11,911 in health care & social assistance. In 2023, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,774,495
Participants with balances200
Active participants1,453
Employer contributions$216,392
Employee contributions$358,321
Employer contribution per active participant$149
Average account balance$13,872
Benefits paid to participants$685,936
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.8M · 200 accts · $216K emplr
2022$2.5M · 195 accts · $159K emplr
The Geras, LLC 401(k) match · 2023
Employer contribution per active participant$149
Median for plans this size$1,308
2023$149 per active participant
2022$145 per active participant

Geras, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
AMERICAN TRUST · Recordkeeping · Consulting$42,913
GLOBAL ASSETS ADVISORY · Consulting · Investment advisory (participants)$9,111

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

Administrative cost history2
2023$52,024 · 1.98%
2022$16,733 · 0.66%
Same employer
Similar plansHealth Care & Social Assistance · Washington
The Ashley House WA$3.3M · 1.02%
Life Works WA$2.8M · 0.12%
Homage Senior Services WA$2.8M · 0.35%
Center for Human Services WA$2.7M · 0.91%
Remote Medicine Inc. WA$2.7M · 0.83%
Kin on Health Care Center WA$2.5M · 1.67%
Peninsula Services WA$2.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822989828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.