Benchmarking Cantex Continuing Care Network Employees Savings Trust in Carrollton, TX against all plans
Cantex Continuing Care Network Employees Savings Trust in Carrollton, TX has the 12th-lowest total administrative expense per participant ($5.98) of the 232 plans whose industry group is Nursing and Residential Care Facilities. That $5.98 compares to an average of $84.39 across those 232 plans.
Beating the average of $84.39 means a decrease of $357,380 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Cantex Continuing Care Network Employees Savings Trust has these standings among those 232 peer plans:
Beating the average of $84.39 means a decrease of $357,380 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
Cantex Continuing Care Network Employees Savings Trust has these standings among those 232 peer plans:
- total administrative expense per participant = $5.98 (12th-lowest)
- total administrative expenses = $27,239 (44th-lowest)
- total participants = 4,558 (17th-most)
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Peers
beat out by Fastaff 401(K) Plan in Greenwood Village, CO ($1.58), Saber Healthcare 401(K) Profit Sharing Plan in Beachwood, OH ($1.63), Bridgewater Healthcare, Inc. 403(B) Retirement Plan in Bridgewater, VA ($1.71), and Hillcrest Health 401k Plan in Bellevue, NE ($1.79), and 7 others, ending with 403(B) Thrift Plan of Casa De Las Campanas in San Diego, CA ($5.14).
beat Healthcare Employees Benefit Plan in Birmingham, MI ($6.73), Atlas Healthcare, LLC 401k Plan in Toms River, NJ ($6.79), 403(B) Thrift Plan for Employees of Pittsburgh Care Partnership, Inc. in Pittsburgh, PA ($7.96), and Sprenger Retirement Centers Employees' Retirement Plan and Trust in Lorain, OH ($8.05), and 216 others, ending with CW Financial Services LLC Investment Plan in Washington, DC ($625.28).
beat Healthcare Employees Benefit Plan in Birmingham, MI ($6.73), Atlas Healthcare, LLC 401k Plan in Toms River, NJ ($6.79), 403(B) Thrift Plan for Employees of Pittsburgh Care Partnership, Inc. in Pittsburgh, PA ($7.96), and Sprenger Retirement Centers Employees' Retirement Plan and Trust in Lorain, OH ($8.05), and 216 others, ending with CW Financial Services LLC Investment Plan in Washington, DC ($625.28).
References
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.