Plan Ledger DOL Form 5500 · updated monthly

Management and Business Associates, Inc. dba Restorative Health Care401(k)

RESTORATIVE HEALTH CARE 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.44%

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

Management and Business Associates, Inc. dba Restorative Health Care reported $5,969 in plan administrative expenses for 2022: 0.44% of average plan assets, below the peer median. Employer contributions averaged $162 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 $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 York (5,293rd of 5,648), and 10,725th of 11,911 in health care & social assistance. In 2022, employees put in $4.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,211,710
Participants with balances61
Active participants130
Employer contributions$21,063
Employee contributions$89,191
Employer contribution per active participant$162
Average account balance$19,864
Benefits paid to participants$137,756
Plan auditUnmodified (clean) audit opinion
AuditorBAS PARTNERS LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$5,969
Total administrative$5,969
The Management and Business Associates, Inc. dba Restorative Health Care 401(k) match · 2022
Employer contribution per active participant$162
Median for plans this size$1,114

Management and Business Associates, Inc. dba Restorative Health Care'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 history1
2022$5,969 · 0.44%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 742948798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.