Plan Ledger DOL Form 5500 · updated monthly

Key Health Management401(k)

KEY HEALTH MANAGEMENT 401(K) PLAN · LAKEWOOD, NJ · plan year 2022

Employer contribution per participant · 2022
$0

Key Health Management's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $370 across 4 participant accounts, with employer contributions averaging $0 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 (2,417th of 2,419), and 11,906th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$370
Participants with balances4
Active participants295
Employer contributions$0
Employee contributions$379
Employer contribution per active participant$0
Average account balance$93
The Key Health Management 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Key Health Management'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.

Similar plansHealth Care & Social Assistance · New Jersey
Life Tech Inc NJ$49K · 1.00%
Avon Hc LLC NJ$46K · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853512896 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.