Plan Ledger DOL Form 5500 · updated monthly

Oak Ridge Care Center, Inc.401(k)

OAK RIDGE CARE CENTER INC. 401(K) PLAN · UNION GROVE, WI · plan year 2024

Reported admin expense ratio · 2024
3.55%

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

Oak Ridge Care Center, Inc. reported $24,758 in plan administrative expenses for 2024: 3.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $363 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 fell from 6.57% to 3.55%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Wisconsin (1,901st of 1,936), and 10,989th of 11,911 in health care & social assistance. In 2024, employees put in $4.28 for every $1.00 the employer contributed; active participation has grown from 154 to 191 since 2022.

Plan summary
Net assets, end of year$896,142
Participants with balances176
Active participants191
Employer contributions$69,285
Employee contributions$296,477
Employer contribution per active participant$363
Average account balance$5,092
Benefits paid to participants$67,283
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$896K · 176 accts · $69K emplr
2023$499K · 161 accts · $60K emplr
2022$218K · 139 accts · $48K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,508
Audit (IQPA)$4,250
Total administrative$24,758
The Oak Ridge Care Center, Inc. 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$540
2024$363 per active participant
2023$330 per active participant
2022$313 per active participant

Oak Ridge Care Center, Inc.'s 2024 employer contribution ran below the $540 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 · 20245
PEAK RETIREMENT GROUP · Contract administrator$4,793
DUFEK & COMPANY LLC · Accounting / audit$4,250
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$3,387
EMPOWER ADIVSORY GROUP LLC · Investment management$484

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$24,758 · 3.55%
2023$15,584 · 4.35%
2022$8,005 · 6.57%
Similar plansHealth Care & Social Assistance · Wisconsin
Waunakee Operations LLC WI$718K · 1.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391081647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.