Plan Ledger DOL Form 5500 · updated monthly

Community Health Center of Franklin County, Incorporated403(b)

COMMUNITY HEALTH CENTER OF FRANKLIN COUNTY, INC. 403(B) PLAN · GREENFIELD, MA · plan year 2022

Reported admin expense ratio · 2022
0.60%

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

Community Health Center of Franklin County, Incorporated reported $16,795 in plan administrative expenses for 2022: 0.60% of average plan assets, above the peer median. Employer contributions averaged $470 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Massachusetts (2,519th of 2,726), and 2,719th of 3,341 in other services. In 2022, employees put in $4.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,707,159
Participants with balances81
Active participants126
Employer contributions$59,170
Employee contributions$272,817
Employer contribution per active participant$470
Average account balance$33,422
Benefits paid to participants$75,278
Plan auditUnmodified (clean) audit opinion
AuditorJOHNDON O'CONNOR FERON & CARUCCI
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,795
Total administrative$16,795
Employer contributions to the Community Health Center of Franklin County, Incorporated plan · 2022
Employer contribution per active participant$470
Median for plans this size$1,114

Community Health Center of Franklin County, Incorporated's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,795 · 0.60%
Similar plansOther Services · Massachusetts
Masschallenge, Inc. MA$3.2M · 0.75%
Veterans, Inc. MA$3.0M · 1.10%
Miniluxe, Inc. MA$2.7M · 0.45%
Mass Park, Inc. MA$2.3M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043312968 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.