Plan Ledger DOL Form 5500 · updated monthly

Right at Home401(k)

RIGHT AT HOME 401(K) PLAN · SALEM, MA · plan year 2022

Reported admin expense ratio · 2022
2.18%

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

Right at Home reported $4,469 in plan administrative expenses for 2022: 2.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $234 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 Massachusetts (2,696th of 2,726), and 11,589th of 11,911 in health care & social assistance. In 2022, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$288,130
Participants with balances52
Active participants268
Employer contributions$62,840
Employee contributions$131,949
Employer contribution per active participant$234
Average account balance$5,541
Benefits paid to participants$4,871
Plan auditUnmodified (clean) audit opinion
AuditorRYAN + MANN LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,761
Investment management$1,708
Total administrative$4,469
The Right at Home 401(k) match · 2022
Employer contribution per active participant$234
Median for plans this size$331

Right at Home'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$4,469 · 2.18%
Similar plansHealth Care & Social Assistance · Massachusetts
Kids & Company MA$454K · 0.84%
Sterling Village, LLC MA$407K · 0.45%
Northeast Healthcare MA$144K · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161625282 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.