Plan Ledger DOL Form 5500 · updated monthly

Ccarc, Inc.401(k)

THE 401(K) PROFIT SHARING PLAN OF CCARC, INC. · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Ccarc, Inc. reported $29,207 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $675 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 0.82% to 0.86%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (965th of 1,106), and 8,867th of 11,911 in health care & social assistance. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,560,524
Participants with balances132
Active participants210
Employer contributions$141,664
Employee contributions$234,882
Employer contribution per active participant$675
Average account balance$26,974
Benefits paid to participants$419,254
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 132 accts · $142K emplr
2023$3.2M · 149 accts · $118K emplr
2022$3.2M · 149 accts · $111K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,207
Total administrative$29,207
The Ccarc, Inc. 401(k) match · 2024
Employer contribution per active participant$675
Median for plans this size$1,313
2024$675 per active participant
2023$592 per active participant
2022$563 per active participant

Ccarc, Inc.'s 2024 employer contribution ran below 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 · 20242
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$12,502
ADP, INC. · Loan processing · Recordkeeping$4,201

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

Recordkeeper by year2
2024ADP, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, The Standard

This plan has changed recordkeepers within these filings. If you left Ccarc, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$29,207 · 0.86%
2023$35,928 · 1.11%
2022$33,912 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Acord, Inc. CT$3.8M · 0.79%
Pomperaug Woods, Inc. CT$3.2M · 1.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 066011543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.