Plan Ledger DOL Form 5500 · updated monthly

Matulaitis Nursing Home, Inc.403(b)

MATULAITIS NURSING HOME, INC. RETIREMENT PLAN · PUTNAM, CT · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Matulaitis Nursing Home, Inc. reported $15,964 in plan administrative expenses for 2022: 0.54% of average plan assets, above the peer median. Employer contributions averaged $189 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 Connecticut (994th of 1,106), and 9,357th of 11,911 in health care & social assistance. In 2022, employees put in $7.65 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,871,547
Participants with balances60
Active participants136
Employer contributions$25,754
Employee contributions$197,076
Employer contribution per active participant$189
Average account balance$47,859
Benefits paid to participants$34,526
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Professional / advisory$15,964
Total administrative$15,964
Employer contributions to the Matulaitis Nursing Home, Inc. plan · 2022
Employer contribution per active participant$189
Median for plans this size$1,114

Matulaitis Nursing Home, Inc.'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$15,964 · 0.54%
Similar plansHealth Care & Social Assistance · Connecticut
Pomperaug Woods, Inc. CT$3.2M · 1.01%
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Aware Recovery Care, Inc. CT$3.0M · 1.18%
Journey Found Inc. CT$2.8M · 1.08%
Ices, Inc. CT$2.7M · 3.00%
Hart United, Inc. CT$2.7M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060983700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.