Plan Ledger DOL Form 5500 · updated monthly

Clara Martin Center403(b)

CLARA MARTIN CENTER 403(B) PLAN · RANDOLPH, VT · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Clara Martin Center reported $15,800 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $760 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 0.03% to 0.25%. 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 Vermont (168th of 230), and 6,887th of 11,911 in health care & social assistance. In 2024, employees put in $2.88 for every $1.00 the employer contributed; active participation has grown from 170 to 242 since 2022.

Plan summary
Net assets, end of year$6,968,051
Participants with balances167
Active participants242
Employer contributions$183,889
Employee contributions$529,053
Employer contribution per active participant$760
Average account balance$41,725
Benefits paid to participants$374,027
Plan auditDisclaimer of opinion
AuditorKITTELL, BRANAGAN & SARGENT
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 167 accts · $184K emplr
2023$5.8M · 166 accts · $178K emplr
2022$4.9M · 208 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,791
Investment management$9,009
Total administrative$15,800
Employer contributions to the Clara Martin Center plan · 2024
Employer contribution per active participant$760
Median for plans this size$1,313
2024$760 per active participant
2023$1,121 per active participant
2022$843 per active participant

Clara Martin Center'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,791
MORGAN STANLEY GLOBAL · Investment advisory (plan) · Other services$5,264
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$15,800 · 0.25%
2023$1,504 · 0.03%
2022$1,465 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Vermont

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Source: U.S. Department of Labor, Form 5500 series, EIN 030220733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.