Plan Ledger DOL Form 5500 · updated monthly

Community Housing Advocates, I401(k)

403(B) THRIFT PLAN OF COMMUNITY HOUSING ADVOCATES, INC. · HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

Community Housing Advocates, I reported $22,502 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,165 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 0.04% to 1.01%. 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 Connecticut (1,027th of 1,106), and 9,836th of 11,911 in health care & social assistance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,251,407
Participants with balances124
Active participants122
Employer contributions$142,177
Employee contributions$301,312
Employer contribution per active participant$1,165
Average account balance$18,157
Benefits paid to participants$650,336
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 124 accts · $142K emplr
2023$2.2M · 145 accts · $115K emplr
2022$1.8M · 137 accts · $95K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,502
Total administrative$22,502
The Community Housing Advocates, I 401(k) match · 2024
Employer contribution per active participant$1,165
Median for plans this size$1,313
2024$1,165 per active participant
2023$997 per active participant
2022$807 per active participant

Community Housing Advocates, I'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,239
COMMONWEALTH FINANCIAL NETWORK · 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$22,502 · 1.01%
2023$1,161 · 0.06%
2022$734 · 0.04%
Similar plansHealth Care & Social Assistance · Connecticut
Ices, Inc. CT$2.7M · 3.00%
Hart United, Inc. CT$2.7M · 0.99%
Home Care Associates CT$2.3M · 0.81%
Leeway, Inc. CT$2.2M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061090211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.