Plan Ledger DOL Form 5500 · updated monthly

Medical Rehabilitation Centers, LLC401(k)

MEDICAL REHABILITATION CENTERS, LLC 401K PROFIT SHARING PLAN · LEXINGTON, KY · plan year 2024

Reported admin expense ratio · 2024
0.72%

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

Medical Rehabilitation Centers, LLC reported $122,810 in plan administrative expenses for 2024: 0.72% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,760 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.

Across the 2 years on file its reported administrative ratio rose from 0.48% to 0.72%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 312th-largest of 871 plans among Kentucky employers on file, and the 3,902nd of 11,911 in health care & social assistance. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 1,429 to 917 since 2022.

Plan summary
Net assets, end of year$18,436,885
Participants with balances2,006
Active participants917
Employer contributions$1,614,025
Employee contributions$3,014,796
Employer contribution per active participant$1,760
Average account balance$9,191
Benefits paid to participants$3,736,832
Plan auditUnmodified (clean) audit opinion
AuditorSALTMARSH CPAS, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 2,006 accts · $1.6M emplr
2023$15.8M · 1,901 accts · $1.8M emplr
2022$11.4M · 1,727 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$122,810
Total administrative$122,810
The Medical Rehabilitation Centers, LLC 401(k) match · 2024
Employer contribution per active participant$1,760
Median for plans this size$2,416
2024$1,760 per active participant
2023$996 per active participant
2022$823 per active participant

Medical Rehabilitation Centers, LLC's 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
SALTMARSH CLEAVELAND AND GUND$19,200
MCGREGOR AND ASSOCIATES · Other services$8,189
CENTRAL BANK & TRUST COMPANYindirect comp

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

Administrative cost history3
2024$122,810 · 0.72%
2023$105,293 · 0.78%
2022$54,163 · 0.48%
Same employer
Similar plansHealth Care & Social Assistance · Kentucky
Ohio County Hospital KY$19.5M · 0.28%
Big Sandy Health Care, Inc KY$17.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611223991 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.