Plan Ledger DOL Form 5500 · updated monthly

Partners in Senior Care401(k)

PARTNERS IN CARE 401(K) P/S PLAN · DAYTONA BEACH, FL · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Partners in Senior Care reported $2,019 in plan administrative expenses for 2022: 0.29% of average plan assets, lower than ~75% of peers. Employer contributions averaged $315 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (3,529th of 3,644), and 11,514th of 11,911 in health care & social assistance. In 2022, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$358,542
Participants with balances41
Active participants111
Employer contributions$34,963
Employee contributions$68,933
Employer contribution per active participant$315
Average account balance$8,745
Benefits paid to participants$592,138
Plan auditUnmodified (clean) audit opinion
AuditorREEDER & ASSOCIATES, P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,019
Total administrative$2,019
The Partners in Senior Care 401(k) match · 2022
Employer contribution per active participant$315
Median for plans this size$331

Partners in Senior Care's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,019 · 0.29%
Similar plansHealth Care & Social Assistance · Florida
Treatmentx Mangement LLC FL$455K · 0.50%
Mod Behavior Aba, LLC FL$358K · 0.51%
Medicaid Done Right FL$341K · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873901260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.