Plan Ledger DOL Form 5500 · updated monthly

Child & Family Services, Inc.401(k)

CHILD & FAMILY SERVICES, INC. 401(K) PLAN · NEW BEDFORD, MA · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Child & Family Services, Inc. reported $122,673 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,564 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 3 years on file its reported administrative ratio has held roughly steady near 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,362nd-largest of 2,726 plans among Massachusetts employers on file, and the 3,859th of 11,911 in health care & social assistance. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,771,845
Participants with balances691
Active participants457
Employer contributions$714,714
Employee contributions$1,473,066
Employer contribution per active participant$1,564
Average account balance$27,166
Benefits paid to participants$2,669,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 691 accts · $715K emplr
2023$17.6M · 721 accts · $674K emplr
2022$15.0M · 639 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,792
Investment management$60,881
Total administrative$122,673
The Child & Family Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,564
Median for plans this size$2,416
2024$1,564 per active participant
2023$1,357 per active participant
2022$1,315 per active participant

Child & Family Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
COMMONWEALTH EQUITY SERVICES LLC DB · Investment advisory (plan)$29,677
EMPOWER ADVISORY GROUP, LLC · Investment management$29,321
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$1,883

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

Administrative cost history3
2024$122,673 · 0.67%
2023$110,086 · 0.68%
2022$106,220 · 0.65%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Epoch Senior Living, LLC MA$19.2M · 0.53%
Health Management Services MA$18.4M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042104754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.