Plan Ledger DOL Form 5500 · updated monthly

Inspirit Senior Living, LLC401(k)

INSPIRIT SENIOR LIVING, LLC 401(K) PLAN · FAIRFAX, VA · plan year 2022

Reported admin expense ratio · 2022
1.47%

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

Inspirit Senior Living, LLC reported $3,488 in plan administrative expenses for 2022: 1.47% of average plan assets, above the peer median. Employer contributions averaged $8 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 Virginia (2,244th of 2,266), and 11,651st of 11,911 in health care & social assistance. In 2022, employees put in $14.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$218,722
Participants with balances28
Active participants316
Employer contributions$2,616
Employee contributions$37,417
Employer contribution per active participant$8
Average account balance$7,812
Benefits paid to participants$28,398
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,488
Total administrative$3,488
The Inspirit Senior Living, LLC 401(k) match · 2022
Employer contribution per active participant$8
Median for plans this size$331

Inspirit Senior Living, 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.

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$3,488 · 1.47%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 475244991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.