Plan Ledger DOL Form 5500 · updated monthly

South Peninsula Behavioral Health Services, Inc. dba Community Mental401(k)

COMMUNITY MENTAL HEALTH CENTER 401(K) PROFIT SHARING PLAN · HOMER, AK · plan year 2022

Reported admin expense ratio · 2022
0.53%

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

South Peninsula Behavioral Health Services, Inc. dba Community Mental reported $17,916 in plan administrative expenses for 2022: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,525 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 Alaska (144th of 160), and 9,307th of 11,911 in health care & social assistance. In 2022, the employer put in $1.52 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,926,530
Participants with balances91
Active participants51
Employer contributions$77,795
Employee contributions$51,323
Employer contribution per active participant$1,525
Average account balance$32,160
Benefits paid to participants$427,487
Plan auditUnmodified (clean) audit opinion
AuditorALTMAN, ROGERS & CO. CPAS
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,238
Investment management$13,078
Professional / advisory$3,600
Total administrative$17,916
The South Peninsula Behavioral Health Services, Inc. dba Community Mental 401(k) match · 2022
Employer contribution per active participant$1,525
Median for plans this size$1,114

South Peninsula Behavioral Health Services, Inc. dba Community Mental's 2022 employer contribution ran above the $1,114 median for plans its size. 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$17,916 · 0.53%
Similar plansHealth Care & Social Assistance · Alaska
Wildflower Court, Inc AK$4.5M · 0.45%
Akeela, Inc. AK$3.9M · 1.05%
Ozark Health, Inc. AK$3.6M · 0.81%
Fairbanks Resource Agency AK$1.7M · 0.80%
Denali Family Services AK$806K · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920072562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.