Plan Ledger DOL Form 5500 · updated monthly

The Ellis Nursing Home, Inc.401(k)

THE ELLIS NURSING HOME, INC. 401(K) PLAN · NORWOOD, MA · plan year 2024

Reported admin expense ratio · 2024
1.09%

The Ellis Nursing Home, Inc. reported $32,410 in plan administrative expenses for 2024: 1.09% 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.

Across the 2 years on file its reported administrative ratio rose from 0.39% to 1.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,479th of 2,726), and 9,148th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$3,150,489
Participants with balances98
Active participants380
Employer contributions—
Employee contributions$191,509
Employer contribution per active participant—
Average account balance$32,148
Benefits paid to participants$195,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 98 accts
2023$2.8M · 102 accts
2022$2.4M · 101 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,410
Total administrative$32,410
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 · 20244
ROCKLAND TRUST · Investment advisory (plan)$11,836
EMPOWER ADVISORY GROUP, LLC · Investment management$5,971
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$750

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$32,410 · 1.09%
2023$27,212 · 1.06%
2022$11,070 · 0.39%
Similar plansHealth Care & Social Assistance · Massachusetts
Bass River, Inc. MA$3.3M · 1.09%
Henry C. Nevins Home Inc. MA$2.9M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042508884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.