Plan Ledger DOL Form 5500 · updated monthly

West Broward Acquisition 1, LLC401(k)

WEST BROWARD REHABILITATION & HEALTHCARE 401(K) PLAN · PLANTATION, FL · plan year 2022

Reported admin expense ratio · 2022
1.07%

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

West Broward Acquisition 1, LLC reported $14,752 in plan administrative expenses for 2022: 1.07% of average plan assets, higher than ~75% of peers. Employer contributions averaged $51 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 Florida (3,240th of 3,644), and 10,490th of 11,911 in health care & social assistance. In 2022, employees put in $26.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,471,342
Participants with balances176
Active participants326
Employer contributions$16,641
Employee contributions$440,608
Employer contribution per active participant$51
Average account balance$8,360
Benefits paid to participants$47,462
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$14,752
Total administrative$14,752
The West Broward Acquisition 1, LLC 401(k) match · 2022
Employer contribution per active participant$51
Median for plans this size$1,114

West Broward Acquisition 1, LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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$14,752 · 1.07%
Similar plansHealth Care & Social Assistance · Florida
Meleeo LLC FL$1.5M · 1.33%
Mease Life, Inc. FL$1.5M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272200154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.