Plan Ledger DOL Form 5500 · updated monthly

Schervier Rehabilitation and Nursing Center401(k)

SCHERVIER REHABILITATION AND NURSING CENTER 401(K) PROFIT SHARING PLAN · SUFFERN, NY · plan year 2024

Reported admin expense ratio · 2024
1.36%

Schervier Rehabilitation and Nursing Center reported $28,962 in plan administrative expenses for 2024: 1.36% 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 1.36%. 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 New York (5,081st of 5,648), and 9,861st of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$2,216,495
Participants with balances105
Active participants331
Employer contributions—
Employee contributions$267,282
Employer contribution per active participant—
Average account balance$21,109
Benefits paid to participants$288,766
Plan auditUnmodified (clean) audit opinion
AuditorALAN GOODMAN CPA PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 105 accts
2023$2.1M · 109 accts
2022$1.7M · 115 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,562
Total administrative$28,962
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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$804

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

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,962 · 1.36%
2023$27,218 · 1.44%
2022$24,491 · 1.41%
Similar plansHealth Care & Social Assistance · New York
Link Homecare, LLC NY$2.3M · 5.64%
Ne 11 Holdings Opco LLC NY$2.3M · 1.08%
Barrier Free Living, Inc. NY$2.2M · 0.58%
Dominican Village, Inc. NY$2.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820613499 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.