Plan Ledger DOL Form 5500 · updated monthly

Benhaven, Inc.401(k)

BENHAVEN, INC. RETIREMENT TRUST PLAN · NORTH HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Benhaven, Inc. reported $1,936 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,060 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.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Connecticut (803rd of 1,106), and 2,236th of 3,091 in educational services.

Plan summary
Net assets, end of year$8,349,389
Participants with balances321
Active participants267
Employer contributions$550,000
Employee contributions$0
Employer contribution per active participant$2,060
Average account balance$26,011
Benefits paid to participants$262,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 321 accts · $550K emplr
2023$7.3M · 320 accts · $550K emplr
2022$6.8M · 289 accts · $594K emplr
The Benhaven, Inc. 401(k) match · 2024
Employer contribution per active participant$2,060
Median for plans this size$1,313
2024$2,060 per active participant
2023$1,792 per active participant
2022$2,048 per active participant

Benhaven, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,936

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,936 · 0.02%
2023$1,370 · 0.02%
2022$576 · 0.01%
Same employer
Similar plansEducational Services · Connecticut
Domus Kids, Inc. CT$6.9M · 0.54%
The Franklin Academy Inc. CT$3.1M · 0.16%
Lulac Head Start, Inc. CT$2.8M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060840436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.