What are the fees in the Pines Village Retirement Communities, Inc. 403(b) plan?

For plan year 2022, Pines Village Retirement Communities, Inc. reported $22,435 in plan administrative expenses, or 0.99% of average plan assets — higher than ~75% of peers. Fund-level expense ratios are not included in public filings.

How much does Pines Village Retirement Communities, Inc. contribute to its 403(b)?

In 2022, employer contributions to the Pines Village Retirement Communities, Inc. plan averaged $776 per active participant, below the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Pines Village Retirement Communities, Inc. 401(k)?

The average participant account balance was $28,314 for plan year 2022, based on 76 accounts.

Pines Village Retirement Communities, Inc.403(b)

Name: Pines Village Retirement Communities, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

PINES VILLAGE RETIREMENT COMMUNITIES, INC. 403(B) THRIFT PLAN · VALPARAISO, IN · plan year 2022

Reported admin expense ratio · 2022

0.99%

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

Pines Village Retirement Communities, Inc. reported $22,435 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $776 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 Indiana (1,387th of 1,562), and 9,914th of 11,911 in health care & social assistance. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,151,854
Participants with balances76
Active participants107
Employer contributions$83,030
Employee contributions$147,300
Employer contribution per active participant$776
Average account balance$28,314
Benefits paid to participants$45,900
Plan auditUnmodified (clean) audit opinion
AuditorSWARTZ, RETSON & CO., P.C.

Administrative expenses, itemized · 2022

Investment management$10,680

Professional / advisory$11,755

Total administrative$22,435

Employer contributions to the Pines Village Retirement Communities, Inc. plan · 2022

Employer contribution per active participant$776

Median for plans this size$1,114

Pines Village Retirement Communities, Inc.'s 2022 employer contribution ran below the $1,114 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

Your balance

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$22,435 · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311118091 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.