Plan Ledger DOL Form 5500 · updated monthly

Senior Living Foundation 1 LLC401(k)

SENIOR LIVING FOUNDATION 1 401 (K) SAVINGS PLAN · CROSSVILLE, TN · plan year 2022

Reported admin expense ratio · 2022
1.00%

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

Senior Living Foundation 1 LLC reported $11,255 in plan administrative expenses for 2022: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $140 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 Tennessee (1,403rd of 1,496), and 10,901st of 11,911 in health care & social assistance. In 2022, employees put in $5.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,008,286
Participants with balances62
Active participants144
Employer contributions$20,178
Employee contributions$109,040
Employer contribution per active participant$140
Average account balance$16,263
Benefits paid to participants$176,478
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSON, HICKEY, & MURCHISON, P.C.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,255
Total administrative$11,255
The Senior Living Foundation 1 LLC 401(k) match · 2022
Employer contribution per active participant$140
Median for plans this size$1,114

Senior Living Foundation 1 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 history1
2022$11,255 · 1.00%
Similar plansHealth Care & Social Assistance · Tennessee
New Horizons Corporation TN$1.0M · 1.90%
Martha O'Bryan Center TN$974K · 1.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271506824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.