Plan Ledger DOL Form 5500 · updated monthly

Millennium Rehab & Consulting Group, Inc.401(k)

MILLENNIUM REHAB & CONSULTING GROUP, INC. 401(K) PLAN · DES MOINES, IA · plan year 2022

Reported admin expense ratio · 2022
0.81%

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

Millennium Rehab & Consulting Group, Inc. reported $76,439 in plan administrative expenses for 2022: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $467 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 Iowa (605th of 878), and 6,129th of 11,911 in health care & social assistance. In 2022, employees put in $5.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,788,188
Participants with balances199
Active participants249
Employer contributions$116,208
Employee contributions$686,375
Employer contribution per active participant$467
Average account balance$44,162
Benefits paid to participants$415,066
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $37K emplr
2022$8.8M · 199 accts · $116K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$76,439
Total administrative$76,439
The Millennium Rehab & Consulting Group, Inc. 401(k) match · 2022
Employer contribution per active participant$467
Median for plans this size$1,114

Millennium Rehab & Consulting Group, 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 history2
2023Not separately reported
2022$76,439 · 0.81%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Iowa Home Care, LLC IA$8.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421488816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.