Plan Ledger DOL Form 5500 · updated monthly

Sonida Senior Living, Inc.401(k)

SONIDA SENIOR LIVING 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.66%

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

Sonida Senior Living, Inc. reported $123,617 in plan administrative expenses for 2024: 0.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $53 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 0.78% to 0.66%. 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 2,010th-largest of 5,688 plans among Texas employers on file, and the 3,679th of 11,911 in health care & social assistance. In 2024, employees put in $7.81 for every $1.00 the employer contributed; active participation has grown from 2,805 to 4,224 since 2022.

Plan summary
Net assets, end of year$20,194,821
Participants with balances968
Active participants4,224
Employer contributions$225,479
Employee contributions$1,761,201
Employer contribution per active participant$53
Average account balance$20,862
Benefits paid to participants$2,362,341
Plan auditUnmodified (clean) audit opinion
AuditorLANE GORMAN TRUBITT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$20.2M · 968 accts · $225K emplr
2023$17.3M · 1,022 accts · $325K emplr
2022$15.6M · 938 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,369
Investment management$9,248
Total administrative$123,617
The Sonida Senior Living, Inc. 401(k) match · 2024
Employer contribution per active participant$53
Median for plans this size$2,416
2024$53 per active participant
2023$107 per active participant

Sonida Senior Living, Inc.'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 · 20243
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$9,248
MMA SECURITIES LLCindirect comp

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$123,617 · 0.66%
2023$108,413 · 0.66%
2022$139,070 · 0.78%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Jw Eye Associates, PA TX$19.8M · 0.48%
Advanced Pain Care, PA TX$19.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752678809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.