Plan Ledger DOL Form 5500 · updated monthly

Senior Living Residences, LLC401(k)

SENIOR LIVING RESIDENCES, LLC 401(K) PLAN · BRAINTREE, MA · plan year 2024

Reported admin expense ratio · 2024
1.19%

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

Senior Living Residences, LLC reported $107,931 in plan administrative expenses for 2024: 1.19% of average plan assets, higher than ~75% of peers. Employer contributions averaged $298 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 0.83% to 1.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,890th of 2,726), and 7,975th of 11,654 in professional & technical services. In 2024, employees put in $4.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,090,731
Participants with balances458
Active participants1,120
Employer contributions$333,685
Employee contributions$1,603,781
Employer contribution per active participant$298
Average account balance$22,032
Benefits paid to participants$1,088,344
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 458 accts · $334K emplr
2023$8.0M · 471 accts · $238K emplr
2022$6.1M · 342 accts · $181K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,038
Investment management$55,401
Total administrative$107,931
The Senior Living Residences, LLC 401(k) match · 2024
Employer contribution per active participant$298
Median for plans this size$1,313
2024$298 per active participant
2023$256 per active participant
2022$164 per active participant

Senior Living Residences, LLC'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 · 20244
RPCG, LLC · Recordkeeping · Loan processing$6,150
CBIZ CPAS P.C. · Accounting / audit$43,783
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,510
PARK AVENUE SECURITES LLC · Insurance broker · Insurance 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
2024RPCG, LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Senior Living Residences, LLC 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$107,931 · 1.19%
2023$64,549 · 0.91%
2022$51,431 · 0.83%
Same employer
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Allovir Inc. MA$10.1M · 0.07%
Dsd Laboratories, Inc. MA$10.1M · 0.47%
Olink Proteomics Inc MA$10.0M · 0.69%
Reputation Institute, Inc. MA$10.0M · 0.03%
Fulcrum Therapeutics, Inc. MA$10.0M · 0.29%
Centra Technology, Inc. MA$9.9M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043395920 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.