Plan Ledger DOL Form 5500 · updated monthly

Community Mental Health Affiliates, Inc.403(b)

CMHA 403(B) PLAN · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Community Mental Health Affiliates, Inc. reported $72,540 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,256 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. 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 Connecticut (647th of 1,106), and the 4,589th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,534,029
Participants with balances323
Active participants315
Employer contributions$395,536
Employee contributions$748,967
Employer contribution per active participant$1,256
Average account balance$44,997
Benefits paid to participants$1,387,772
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 323 accts · $396K emplr
2023$13.0M · 311 accts · $372K emplr
2022$11.0M · 331 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,390
Total administrative$72,540
Employer contributions to the Community Mental Health Affiliates, Inc. plan · 2024
Employer contribution per active participant$1,256
Median for plans this size$2,416
2024$1,256 per active participant
2023$1,201 per active participant
2022$1,051 per active participant

Community Mental Health Affiliates, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
KESTRA INVESTMENT SERVICES LLCindirect comp
THE ANGELL PENSION GROUP INC · Contract administratorindirect 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$72,540 · 0.53%
2023$61,360 · 0.51%
2022$59,467 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Hartford Dispensary CT$14.7M · 0.41%
Livewell Alliance, Inc. CT$14.7M · 0.05%
Bridges Healthcare, Inc. CT$14.6M · 0.48%
Duncaster, Inc. CT$14.6M · 0.12%
Community Solutions, Inc. CT$13.8M · 0.82%
Happy Mountains, LLC CT$13.7M · 0.44%
Family Centers, Inc. CT$13.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060934544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.