Plan Ledger DOL Form 5500 · updated monthly

Community Connections, Inc403(b)

CCI 403(B) PLAN · SOUTH YARMOUTH, MA · plan year 2023

Reported admin expense ratio · 2023
0.99%

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

Community Connections, Inc reported $39,050 in plan administrative expenses for 2023: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $301 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 0.88%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,368th of 2,726), and 8,283rd of 11,911 in health care & social assistance. In 2023, employees put in $4.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,378,633
Participants with balances299
Active participants320
Employer contributions$96,199
Employee contributions$462,998
Employer contribution per active participant$301
Average account balance$14,644
Benefits paid to participants$176,461
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 301 accts · $115K emplr
2023$4.4M · 299 accts · $96K emplr
2022$3.5M · 264 accts · $88K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,050
Total administrative$39,050
The Community Connections, Inc 401(k) match · 2023
Employer contribution per active participant$301
Median for plans this size$1,308
2024$330 per active participant
2023$301 per active participant
2022$292 per active participant

Community Connections, Inc's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$33,315
HILB GROUP · Contract administrator · Other services$5,491
AMERIPRISE FINANCIAL SERVICES INC. · Other servicesindirect comp
WILSHIRE ASSOCIATES INC. · 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$36,500 · 0.88%
2023$39,050 · 0.99%
2022$32,217 · 0.82%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Tribute Home Care, LLC MA$4.5M · 1.10%
Able Home Care, LLC MA$4.3M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042871024 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.