Plan Ledger DOL Form 5500 · updated monthly

Warroad Care Center Inc403(b)

WARROAD CARE CENTER INC. EMPLOYEES RETIREMENT PLAN · WARROAD, MN · plan year 2022

Reported admin expense ratio · 2022
0.47%

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

Warroad Care Center Inc reported $6,398 in plan administrative expenses for 2022: 0.47% of average plan assets, below the peer median. Employer contributions averaged $604 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 $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 (1,839th of 1,918), and 10,626th of 11,911 in health care & social assistance. In 2022, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,307,281
Participants with balances56
Active participants82
Employer contributions$49,538
Employee contributions$122,250
Employer contribution per active participant$604
Average account balance$23,344
Benefits paid to participants$38,320
Plan auditUnmodified (clean) audit opinion
AuditorLB CARLSON LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$237
Investment management$6,161
Total administrative$6,398
Employer contributions to the Warroad Care Center Inc plan · 2022
Employer contribution per active participant$604
Median for plans this size$1,114

Warroad Care Center Inc's 2022 employer contribution ran below the $1,114 median for plans its size. 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$6,398 · 0.47%
Similar plansHealth Care & Social Assistance · Minnesota
River Oaks of Minnesota MN$1.5M · 1.39%
Handy Help, LLC MN$1.4M · 1.05%
Horizon Health, Inc. MN$1.2M · 0.18%
Minnewaska Lutheran Home MN$1.0M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411351830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.