Plan Ledger DOL Form 5500 · updated monthly

Rehabilitation Associates, Inc.401(k)

REHABILITATION ASSOCIATES GROUP 401(K) PLAN · NORWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Rehabilitation Associates, Inc. reported $34,491 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $126 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 rose from 0.04% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,269th of 2,726), and 7,594th of 11,911 in health care & social assistance. In 2024, employees put in $12.53 for every $1.00 the employer contributed; active participation has shrunk from 299 to 247 since 2022.

Plan summary
Net assets, end of year$5,577,158
Participants with balances121
Active participants247
Employer contributions$31,131
Employee contributions$389,942
Employer contribution per active participant$126
Average account balance$46,092
Benefits paid to participants$576,077
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 121 accts · $31K emplr
2023$5.2M · 129 accts · $29K emplr
2022$4.5M · 133 accts · $28K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,467
Investment management$2,499
Total administrative$34,491
The Rehabilitation Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$126
Median for plans this size$1,313
2024$126 per active participant
2023$104 per active participant
2022$95 per active participant

Rehabilitation Associates, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024John Hancock
2023John Hancock, Securian

This plan has changed recordkeepers within these filings. If you left Rehabilitation Associates, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$34,491 · 0.64%
2023$26,005 · 0.53%
2022$2,271 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Community Servings, Inc. MA$6.1M · 0.02%
Sunshine Village MA$5.8M · 0.15%
New England Village, Inc. MA$5.4M · 0.02%
Victory Programs, Inc. MA$5.0M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042446876 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.