Plan Ledger DOL Form 5500 · updated monthly

Senior Lifestyle Corporation401(k)

SENIOR LIFESTYLE CORPORATION 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Senior Lifestyle Corporation reported $270,499 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $81 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 3 years on file its reported administrative ratio has held roughly steady near 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,236th-largest of 3,702 plans among Illinois employers on file, and the 2,567th of 11,911 in health care & social assistance. In 2024, employees put in $8.83 for every $1.00 the employer contributed; active participation has shrunk from 5,752 to 5,024 since 2022.

Plan summary
Net assets, end of year$33,205,679
Participants with balances1,743
Active participants5,024
Employer contributions$408,781
Employee contributions$3,609,080
Employer contribution per active participant$81
Average account balance$19,051
Benefits paid to participants$6,791,325
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.2M · 1,743 accts · $409K emplr
2023$30.9M · 1,487 accts · $443K emplr
2022$26.0M · 1,587 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$270,499
Total administrative$270,499
The Senior Lifestyle Corporation 401(k) match · 2024
Employer contribution per active participant$81
Median for plans this size$2,416
2024$81 per active participant
2023$63 per active participant
2022$59 per active participant

Senior Lifestyle Corporation's 2024 employer contribution ran below the $2,416 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 · 20244
BAKER TILLY US, LLP · Recordkeeping · Pension consulting$52,032
ADP, INC. · Loan processing · Recordkeeping$9,049
MMA SECURITIES, LLC · Investment advisory (plan)indirect comp
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, BAKER TILLY US, LLP
2023PINNACLE FINANCIAL SERVICES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Senior Lifestyle Corporation 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$270,499 · 0.84%
2023$264,693 · 0.93%
2022$255,708 · 0.86%
Similar plansHealth Care & Social Assistance · Illinois
Enlivant Aid Es, LLC IL$37.3M · 0.84%
Hah Holdings, LLC IL$32.9M · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363398105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.