Plan Ledger DOL Form 5500 · updated monthly

Community Residences, Inc.401(k)

COMMUNITY RESIDENCES, INC. RETIREMENT AND 401(K) PLAN · NEWINGTON, CT · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Community Residences, Inc. reported $35,418 in plan administrative expenses for 2023: 0.35% of average plan assets, above the peer median. Employer contributions averaged $2 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 0.10% to 3.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (743rd of 1,106), and the 5,633rd of 11,911 in health care & social assistance. In 2023, employees put in $521.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,215,990
Participants with balances535
Active participants589
Employer contributions$1,062
Employee contributions$554,175
Employer contribution per active participant$2
Average account balance$19,095
Benefits paid to participants$1,948,208
Plan auditUnmodified (clean) audit opinion
AuditorGUILMARTIN DIPIRO SOKOLOWSKI
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 531 accts
2023$10.2M · 535 accts · $1K emplr
2022$10.2M · 841 accts · $359K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$27,710
Investment management$7,708
Total administrative$35,418
The Community Residences, Inc. 401(k) match · 2023
Employer contribution per active participant$2
Median for plans this size$2,440
2023$2 per active participant
2022$617 per active participant

Community Residences, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ADP, INC. · Recordkeeping$27,709
STRATEGIC PLAN SERVICES · Recordkeeping · Trustee$7,708

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, STRATEGIC PLAN SERVICES
2023ADP, STRATEGIC PLAN SERVICES

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$338,204 · 3.33%
2023$35,418 · 0.35%
2022$10,260 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Wellmore, Inc. CT$10.7M · 0.84%
Star Inc., Lighting the Way CT$10.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061175089 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.