Plan Ledger DOL Form 5500 · updated monthly

Truecare Nursing Services L.L.C.401(k)

TRUECARE NURSING SERVICES 401(K) PROFIT SHARING PLAN & TRUST · WICHITA, KS · plan year 2022

Reported admin expense ratio · 2022
4.84%

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

Truecare Nursing Services L.L.C. reported $9,637 in plan administrative expenses for 2022: 4.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $745 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (817th of 828), and 11,500th of 11,911 in health care & social assistance. In 2022, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$372,408
Participants with balances209
Active participants240
Employer contributions$178,864
Employee contributions$259,144
Employer contribution per active participant$745
Average account balance$1,782
Benefits paid to participants$73,498
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,557
Investment management$80
Total administrative$9,637
The Truecare Nursing Services L.L.C. 401(k) match · 2022
Employer contribution per active participant$745
Median for plans this size$331

Truecare Nursing Services L.L.C.'s 2022 employer contribution ran above the $331 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 history1
2022$9,637 · 4.84%
Similar plansHealth Care & Social Assistance · Kansas
March Inc. KS$1.0M · 0.59%
Genesis Family Health KS$512K · 0.04%
Lakepoint Augusta, LLC KS$474K · 4.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825431596 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.