Plan Ledger DOL Form 5500 · updated monthly

Children's Learning Centers of Fairfield County, Inc.401(k)

CHILDREN'S LEARNING CENTERS OF FAIRFIELD COUNTY, INC. 401(K) PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Children's Learning Centers of Fairfield County, Inc. reported $55,913 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,732 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 0.52% to 0.64%. 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 (785th of 1,106), and 6,043rd of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 195 to 174 since 2022.

Plan summary
Net assets, end of year$9,048,691
Participants with balances270
Active participants174
Employer contributions$301,304
Employee contributions$480,522
Employer contribution per active participant$1,732
Average account balance$33,514
Benefits paid to participants$1,256,092
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.0M · 270 accts · $301K emplr
2023$8.4M · 280 accts · $300K emplr
2022$7.2M · 263 accts · $290K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,088
Investment management$20,825
Total administrative$55,913
The Children's Learning Centers of Fairfield County, Inc. 401(k) match · 2024
Employer contribution per active participant$1,732
Median for plans this size$1,313
2024$1,732 per active participant
2023$1,595 per active participant
2022$1,486 per active participant

Children's Learning Centers of Fairfield County, 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 · 20243
THE BENEFIT PRACTICE · Recordkeeping$22,425
MERRILL LYNCH PIERCE FENNER SMITH · Investment management$20,825

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

Recordkeeper by year2
2024THE BENEFIT PRACTICE
2023THE BENEFIT PRACTICE

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

Administrative cost history3
2024$55,913 · 0.64%
2023$33,380 · 0.43%
2022$40,801 · 0.52%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Whitney Center, Inc. CT$9.0M · 0.56%
Horizons Programs, Inc. CT$8.9M · 0.22%
Solinsky Eyecare LLC CT$8.2M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060665191 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.