Plan Ledger DOL Form 5500 · updated monthly

New Horizons Rehabilitation Se401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF NEW HORIZONS REHABILITATION SERVICES, INC. · AUBURN HILLS, MI · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

New Horizons Rehabilitation Se reported $977 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $777 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,083rd of 2,619), and 8,296th of 11,911 in health care & social assistance. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has shrunk from 149 to 93 since 2022.

Plan summary
Net assets, end of year$4,355,225
Participants with balances131
Active participants93
Employer contributions$72,231
Employee contributions$192,679
Employer contribution per active participant$777
Average account balance$33,246
Benefits paid to participants$250,311
Plan auditQualified audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 131 accts · $72K emplr
2023$3.9M · 132 accts · $87K emplr
2022$3.3M · 133 accts · $89K emplr
The New Horizons Rehabilitation Se 401(k) match · 2024
Employer contribution per active participant$777
Median for plans this size$1,313
2024$777 per active participant
2023$1,002 per active participant
2022$599 per active participant

New Horizons Rehabilitation Se's 2024 employer contribution ran below the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,267

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$977 · 0.02%
2023$1,269 · 0.04%
2022$390 · 0.01%
Similar plansHealth Care & Social Assistance · Michigan
Workit Health MI$4.4M · 1.22%
Beacon Hill at Eastgate MI$4.3M · 0.73%
Wayne Center MI$4.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381748781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.