Plan Ledger DOL Form 5500 · updated monthly

Seven Acres Jewish Senior Care Services, Inc.Profit-sharing plan

SEVEN ACRES JEWISH SENIOR CARE SERVICES RETIREMENT PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
1.03%

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

Seven Acres Jewish Senior Care Services, Inc. reported $61,133 in plan administrative expenses for 2023: 1.03% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,848 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 fell from 1.43% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,811th of 5,688), and 7,333rd of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$6,020,645
Participants with balances347
Active participants117
Employer contributions$333,204
Employee contributions—
Employer contribution per active participant$2,848
Average account balance$17,351
Benefits paid to participants$1,048,109
Plan auditUnmodified (clean) audit opinion
AuditorMILLER GROSSBARD ADVISORS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 332 accts · $170K emplr
2023$6.0M · 347 accts · $333K emplr
2022$5.9M · 363 accts · $333K emplr
Employer contributions to the Seven Acres Jewish Senior Care Services, Inc. plan · 2023
Employer contribution per active participant$2,848
Median for plans this size$1,308
2024$1,478 per active participant
2023$2,848 per active participant
2022$2,624 per active participant

Seven Acres Jewish Senior Care Services, Inc.'s 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FAYEZ SAROFIM & CO. · Investment advisory (plan)$61,133

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

Administrative cost history3
2024$59,711 · 1.00%
2023$61,133 · 1.03%
2022$83,398 · 1.43%
Similar plansHealth Care & Social Assistance · Texas
Clarewood House, Inc. TX$6.0M · 0.05%
Dimmit Regional Hospital TX$6.0M · 0.50%
Capitol Pain Institute TX$5.9M · 0.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741143086 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.