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Each year, we conduct dozens of comprehensive actuarial studies. As a result of this extensive experience, we are able to compile our results to develop comparative benchmarks for significant actuarial, demographic, and operating statistics. We have calculated the quartiles for 23 statistics that were derived from actuarial studies of clients with fiscal years ending in 1999 to 2001 (*means that statistics are based on preliminary results from studies completed as of May 2002). A comparison of our clients' individual results is a standard component of our comprehensive actuarial studies.

Our industry standard quartile distribution for these statistics can be viewed by clicking the statistic name below.

FACTOID: The actuarial funded status is a measure of the financial condition of a CCRC. Financially strong organizations are typically fully funded (actuarial funded status exceeds 100%). CCRCs from our 2001* database with an investment grade rating from Standard & Poor's and Fitch have median funded statuses of 102.2% and 99.4%, respectively. CCRCs from our 2001* database that are accredited by the CCAC have a median funded status of 100.0%.

Demographic statistics:
Average female entry age during the past 3 years
Average male entry age during the past 3 years
Average female attained age
Average male attained age
Life expectancy for age-80 female entrant
Life expectancy for age-80 male entrant
Assisted living ratio per 100 ILU residents
Nursing care ratio per 100 ILU residents
Health care ratio per 100 ILU residents

Actuarial and financial statistics:
Funded status
New entrant pricing for single entrant
New entrant pricing for coupled entrant
New entrant pricing for typical entrant
10-year projected reserve increase
Liquid reserve ratio
Actuarial ratio
Actuarial return on fixed assets

Operating statistics:
Average occupancy for ILU
Average occupancy for ALU
Average occupancy for NUR
Daily per capita operating expenses in ILU
Daily per capita operating expenses in ALU
Daily per capita operating expenses in NUR

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© 2001 AV Powell & Associates LLC