Plan Ledger DOL Form 5500 · updated monthly

The Centers for Advanced Ent Care, LLC401(k)

THE CENTERS FOR ADVANCED ENT CARE, LLC 401(K) PROFIT SHARING PLAN · BETHESDA, MD · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

The Centers for Advanced Ent Care, LLC reported $115,003 in plan administrative expenses for 2023: 0.20% of average plan assets, above the peer median. Employer contributions averaged $6,972 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 rose from 0.19% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 263rd-largest of 1,671 plans among Maryland employers on file, and the 1,530th of 11,911 in health care & social assistance. In 2023, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$64,079,967
Participants with balances407
Active participants323
Employer contributions$2,251,862
Employee contributions$1,989,342
Employer contribution per active participant$6,972
Average account balance$157,445
Benefits paid to participants$2,834,564
Plan auditUnmodified (clean) audit opinion
AuditorJOSEPH P. MELVIN COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 233 accts · $2.4M emplr
2023$64.1M · 407 accts · $2.3M emplr
2022$53.6M · 372 accts · $2.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$54,518
Investment management$40,000
Trustee / custodial$135
Total administrative$115,003
The The Centers for Advanced Ent Care, LLC 401(k) match · 2023
Employer contribution per active participant$6,972
Median for plans this size$3,659
2023$6,972 per active participant
2022$6,453 per active participant

The Centers for Advanced Ent Care, LLC's 2023 employer contribution ran above the $3,659 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 · 20233
JOHN HANCOCK · Recordkeeping$54,518
PLANNING SOLUTIONS GROUP, LLC · Investment advisory (participants)$40,000
THE MANDMARBLESTONE GROUP LLC · Legal · Named fiduciary$20,350

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$114,415 · 0.28%
2023$115,003 · 0.20%
2022$110,286 · 0.19%
Similar plansHealth Care & Social Assistance · Maryland
Qlarant, Inc. MD$60.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474820772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.