Plan Ledger DOL Form 5500 · updated monthly

Rehab Department, LLC401(k)

REHAB DEPARTMENT, LLC 401(K) PLAN · CLEARWATER, FL · plan year 2022

Reported admin expense ratio · 2022
1.66%

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

Rehab Department, LLC reported $39,335 in plan administrative expenses for 2022: 1.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $242 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 Florida (3,076th of 3,644), and 9,926th of 11,911 in health care & social assistance. In 2022, employees put in $7.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,144,821
Participants with balances225
Active participants159
Employer contributions$38,492
Employee contributions$307,249
Employer contribution per active participant$242
Average account balance$9,533
Benefits paid to participants$313,457
Plan auditUnmodified (clean) audit opinion
AuditorBARBARA CLARK & COMPANY, PA
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$2.1M · 225 accts · $38K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$39,335
Total administrative$39,335
The Rehab Department, LLC 401(k) match · 2022
Employer contribution per active participant$242
Median for plans this size$1,114

Rehab Department, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 history2
2023Not separately reported
2022$39,335 · 1.66%
Similar plansHealth Care & Social Assistance · Florida
Broward House, Inc. FL$2.2M · 0.72%
Etairos Health, Inc. FL$2.1M · 0.59%
Richmond Health Care, Inc. FL$2.0M · 19.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474766622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.