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Benchmarking Bethany Nursing Home, Inc. 401(K) Plan in Canton, OH against all plans

 

Bethany Nursing Home, Inc. 401(K) Plan in Canton, OH incurs the 3rd-lowest total administrative expenses ($3,905) of the 24 plans within 50 miles whose industry group is Nursing and Residential Care Facilities. Those $3,905 compare to an average of $25,947 across the 24 plans.

Note: total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses

Bethany Nursing Home, Inc. 401(K) Plan has these standings among those 24 peer plans:

  • total administrative expenses = $3,905 (3rd-lowest)

  • professional fees = $0 (the lowest, tied)

  • contract administrator fees = $3,905 (12th-lowest)

  • investment advisory and management fees = $0 (the lowest, tied)

  • other administrative expenses = $0 (the lowest, tied)

Visualize

 
 

Peers

beat out by Gentlebrook 401(K) Retirement Savings Plan in Hartville, OH ($982) and 403(B) Thrift Plan for Employees of Koinonia Homes, Inc. in Independence, OH ($1,691).

beat Calcutta Health Care Center 401(K) Retirement Plan in Calcutta, OH ($5,994), Marymount Health Care Systems Affiliates 401(K) Plan in Garfield Heights, OH ($6,039), Gateways To Better Living, Inc. 401k Plan in Youngstown, OH ($7,968), and Community Skilled Health Care Centre 403(B) Savings Plan in Warren, OH ($8,389), and 17 others, ending with Tbi Employee Profit Sharing 401(K) Plan in Bedford Heights, OH ($95,274).

References

  1. 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.
  2. total administrative expenses. Lower values are better. From Line 2i(5), Schedule H. A missing entry from the Schedule H is here assigned a value of $0. Note that total administrative expenses = professional fees + contract administrator fees + investment advisory and management fees + other administrative expenses. 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.
  3. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.