Long Term Care Group, Inc.401(k)
LONG TERM CARE GROUP, INC. 401(K) PLAN · EDEN PRAIRIE, MN · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Long Term Care Group, Inc. reported $356,872 in plan administrative expenses for 2022: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,422 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 348th-largest of 1,918 plans among Minnesota employers on file, and the 1,210th of 4,798 in finance & insurance. In 2022, employees put in $3.20 for every $1.00 the employer contributed.
Long Term Care Group, Inc.'s 2022 employer contribution ran below the $3,449 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 954604537 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.