Plan Ledger DOL Form 5500 · updated monthly

Greenwood House Home for the Jewish Aged, Inc403(b)

GREENWOOD HOUSE TAX SHELTERED RETIREMENT PLAN · EWING, NJ · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Greenwood House Home for the Jewish Aged, Inc reported $5,050 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $328 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 2 years on file its reported administrative ratio fell from 0.09% to 0.08%. 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 New Jersey (1,839th of 2,419), and 7,613th of 11,911 in health care & social assistance. In 2022, employees put in $2.75 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,530,826
Participants with balances227
Active participants254
Employer contributions$83,230
Employee contributions$229,179
Employer contribution per active participant$328
Average account balance$24,365
Benefits paid to participants$1,593,092
Plan auditUnmodified (clean) audit opinion
AuditorKRONICK KALADA BERDY & CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.2M · 149 accts · $74K emplr
2023$5.5M · 158 accts · $87K emplr
2022$5.5M · 227 accts · $83K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,050
Total administrative$5,050
Employer contributions to the Greenwood House Home for the Jewish Aged, Inc plan · 2022
Employer contribution per active participant$328
Median for plans this size$1,114
2024$302 per active participant
2023$388 per active participant
2022$328 per active participant

Greenwood House Home for the Jewish Aged, Inc's 2022 employer contribution ran below the $1,114 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 history3
2024$4,205 · 0.08%
2023$4,118 · 0.07%
2022$5,050 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Spring Hills, LLC NJ$5.4M · 3.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 210639867 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.