Plan Ledger DOL Form 5500 · updated monthly

Rainbow Rehabilitation Centers, Inc.401(k)

RAINBOW REHABILITATION CENTERS, INC. EMPLOYEE SAVINGS PLAN · ROYAL OAK, MI · plan year 2022

Reported admin expense ratio · 2022
0.61%

Rainbow Rehabilitation Centers, Inc. reported $113,030 in plan administrative expenses for 2022: 0.61% of average plan assets, higher than ~90% of peers. 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Michigan (2,618th of 2,619), and 11,889th of 11,911 in health care & social assistance. In 2022, employees put in $2.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,448
Participants with balances3
Active participants0
Employer contributions$210,993
Employee contributions$605,309
Employer contribution per active participant—
Average account balance$1,149
Benefits paid to participants$31,549,536
Plan auditUnmodified (clean) audit opinion
AuditorDOEREN MAYHEW
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$81,776
Investment management$31,254
Total administrative$113,030
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$113,030 · 0.61%
Similar plansHealth Care & Social Assistance · Michigan
Alamo Nursing Home Inc MI$178K · 0.86%
Christian Care MI$42K · 16.49%
First Steps, Inc. TN$4K · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382693619 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.