Plan Ledger DOL Form 5500 · updated monthly

Kensington Senior Living LLC401(k)

KENSINGTON SENIOR LIVING LLC 401K PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.86%

Kensington Senior Living LLC reported $54,799 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. 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 rose from 0.60% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,652nd of 2,266), and 6,794th of 11,911 in health care & social assistance. active participation has grown from 1,046 to 1,181 since 2022.

Plan summary
Net assets, end of year$7,147,170
Participants with balances379
Active participants1,181
Employer contributions—
Employee contributions$1,631,052
Employer contribution per active participant—
Average account balance$18,858
Benefits paid to participants$760,959
Plan auditUnmodified (clean) audit opinion
AuditorROGERS AND CO.
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 379 accts
2023$5.6M · 371 accts
2022$4.1M · 360 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,107
Total administrative$54,799
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$30,383
GLOBAL RETIREMENT PARTNERS · Recordkeeping · Pension consulting$24,415
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, GLOBAL RETIREMENT PARTNERS
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

This plan has changed recordkeepers within these filings. If you left Kensington Senior Living LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,799 · 0.86%
2023$25,566 · 0.53%
2022$23,596 · 0.60%
Similar plansHealth Care & Social Assistance · Virginia
The Medical Team, Inc. VA$6.8M · 1.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271774967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.