Plan Ledger DOL Form 5500 · updated monthly

Circle of Care for Families and Children of Passaic County, Inc.DC plan

EMPLOYEE BENEFIT PLAN OF CIRCLE OF CARE FOR FAMILIES AND CHILDREN OF PASSAIC COUNTY, INC. · WEST PATERSON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Circle of Care for Families and Children of Passaic County, Inc. reported $588 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,758 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 fell from 0.04% to 0.01%. 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 New Jersey (1,844th of 2,419), and 7,636th of 11,911 in health care & social assistance. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves; active participation has grown from 95 to 136 since 2022.

Plan summary
Net assets, end of year$5,482,796
Participants with balances191
Active participants136
Employer contributions$375,082
Employee contributions$245,986
Employer contribution per active participant$2,758
Average account balance$28,706
Benefits paid to participants$787,875
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 191 accts · $375K emplr
2023$4.8M · 162 accts · $297K emplr
2022$4.8M · 141 accts · $253K emplr
Employer contributions to the Circle of Care for Families and Children of Passaic County, Inc. plan · 2024
Employer contribution per active participant$2,758
Median for plans this size$1,313
2024$2,758 per active participant
2023$2,584 per active participant
2022$2,666 per active participant

Circle of Care for Families and Children of Passaic County, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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$853

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$588 · 0.01%
2023$149 · 0.00%
2022$1,979 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · New Jersey
Spring Hills, LLC NJ$5.4M · 3.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201739426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.