Plan Ledger DOL Form 5500 · updated monthly

Tealwood Enterprises, Inc. dba Tealwood Senior Living, LLC401(k)

TEALWOOD ENTERPRISES, INC. 401K P/S PLAN · ST. LOUIS PARK, MN · plan year 2022

Reported admin expense ratio · 2022
0.94%

Tealwood Enterprises, Inc. dba Tealwood Senior Living, LLC reported $35,444 in plan administrative expenses for 2022: 0.94% of average plan assets, higher than ~75% of peers. 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 Minnesota (1,800th of 1,918), and 10,199th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,825,264
Participants with balances83
Active participants17
Employer contributions—
Employee contributions$30
Employer contribution per active participant—
Average account balance$21,991
Benefits paid to participants$3,086,686
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTONLARSONALLEN LLP
Administrative expenses, itemized · 2022
Professional / advisory$14,990
Total administrative$35,444
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$35,444 · 0.94%
Similar plansHealth Care & Social Assistance · Minnesota
Oak Terrace Senior Communities 401K Plan MN$2.0M · 1.01%
Mayo Clinic Health System - Austin MN$1.9M · 0.16%
Larry James Homes, Inc. MN$1.9M · 0.07%
Mend Correctional Care, PLLC MN$1.8M · 0.17%
Phyxius, Inc. MN$1.8M · 1.32%
Opportunity Matters, Inc. MN$1.8M · 0.94%
Minnesota Valley Action Council MN$1.7M · 0.82%
Tealwood Management, LLC MN$1.7M · 0.98%

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 411625955 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.