Plan Ledger DOL Form 5500 · updated monthly

Community Health Network of Connecticut, Inc.401(k)

COMMUNITY HEALTH NETWORK OF CONNECTICUT, INC. 401(K) PLAN · WALLINGFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Community Health Network of Connecticut, Inc. reported $55,164 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,332 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 0.11% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 315th-largest of 1,106 plans among Connecticut employers on file, and the 1,714th of 4,798 in finance & insurance. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,488,953
Participants with balances566
Active participants380
Employer contributions$1,266,268
Employee contributions$3,133,701
Employer contribution per active participant$3,332
Average account balance$85,670
Benefits paid to participants$5,218,747
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.5M · 566 accts · $1.3M emplr
2023$44.0M · 589 accts · $1.2M emplr
2022$37.8M · 554 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,674
Investment management$19,196
Audit (IQPA)$19,294
Total administrative$55,164
The Community Health Network of Connecticut, Inc. 401(k) match · 2024
Employer contribution per active participant$3,332
Median for plans this size$2,416
2024$3,332 per active participant
2023$2,745 per active participant
2022$2,820 per active participant

Community Health Network of Connecticut, Inc.'s 2024 employer contribution ran above 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 · 20246
COHNREZNICK · Accounting / audit · Other services$19,294
VOYA RETIREMENT ADVISORS · Investment advisory (participants)$19,196
VOYA RETIREMENT INS AND ANNUITY CO · Investment advisory (participants)$16,674
OSAIC WEALTH, INC.indirect comp
FREEMAN RETIREMENT PLAN CONSULTING · Other servicesindirect comp
MORNINGSTAR · 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$55,164 · 0.12%
2023$43,836 · 0.11%
2022$43,884 · 0.11%
Same employer
Similar plansFinance & Insurance · Connecticut
Catic Fincncial, Inc. CT$52.1M · 0.09%
Ion Financial, Mhc CT$50.8M · 0.14%
Chelsea Groton Bank CT$47.6M · 0.24%
First County Bank CT$39.7M · 0.02%
Newtown Savings Bank CT$37.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061429341 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.