Plan Ledger DOL Form 5500 · updated monthly

Southeast Behavioral Health Group dba Southeast Health Group401(k)

SOUTHEAST HEALTH GROUP RETIREMENT PLAN · LA JUNTA, CO · plan year 2022

Reported admin expense ratio · 2022
0.86%

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

Southeast Behavioral Health Group dba Southeast Health Group reported $46,730 in plan administrative expenses for 2022: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,182 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 1 year on file its reported administrative ratio rose from 0.86% to 0.96%. 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 Colorado (1,028th of 1,461), and 7,686th of 11,911 in health care & social assistance. In 2022, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$5,403,151
Participants with balances135
Active participants121
Employer contributions$506,023
Employee contributions$337,936
Employer contribution per active participant$4,182
Average account balance$40,023
Benefits paid to participants$635,866
Plan auditUnmodified (clean) audit opinion
AuditorBIGGSKOFFORD, P.C.
Plan history2
Yearassets · accounts · employer contribution
2023$225K · 8 accts · $5K emplr
2022$5.4M · 135 accts · $506K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$21,832
Investment management$24,898
Total administrative$46,730
The Southeast Behavioral Health Group dba Southeast Health Group 401(k) match · 2022
Employer contribution per active participant$4,182
Median for plans this size$1,114
2023$1,719 per active participant
2022$4,182 per active participant

Southeast Behavioral Health Group dba Southeast Health Group's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$26,909 · 0.96%
2022$46,730 · 0.86%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Cgpp Management LLC CO$5.4M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271388543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.