Plan Ledger DOL Form 5500 · updated monthly

Community Health Connections403(b)

COMMUNITY HEALTH CONNECTIONS 401K PLAN · FITCHBURG, MA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Community Health Connections reported $70,537 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,624 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 0.40% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (1,432nd of 2,726), and the 4,051st of 11,911 in health care & social assistance. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has grown from 273 to 370 since 2022.

Plan summary
Net assets, end of year$17,502,348
Participants with balances262
Active participants370
Employer contributions$600,993
Employee contributions$1,290,895
Employer contribution per active participant$1,624
Average account balance$66,803
Benefits paid to participants$1,686,989
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 262 accts · $601K emplr
2023$15.4M · 252 accts · $540K emplr
2022$12.2M · 242 accts · $526K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,348
Total administrative$70,537
The Community Health Connections 401(k) match · 2024
Employer contribution per active participant$1,624
Median for plans this size$2,416
2024$1,624 per active participant
2023$1,796 per active participant
2022$1,927 per active participant

Community Health Connections's 2024 employer contribution ran below the $2,416 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 · 20242
MML INVESTORS SERVICES INCindirect 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$70,537 · 0.43%
2023$55,517 · 0.40%
2022$50,998 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Upstream USA, Inc. MA$17.5M · 0.44%
Dothouse Health MA$17.0M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043452697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.