Plan Ledger DOL Form 5500 · updated monthly

Community Teamwork Inc.401(k)

COMMUNITY TEAMWORK, INC. RETIREMENT PLAN · LOWELL, MA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Community Teamwork Inc. reported $33,918 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,065 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 fell from 0.20% to 0.10%. 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 the 868th-largest of 2,726 plans among Massachusetts employers on file, and the 2,365th of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed; active participation has grown from 508 to 661 since 2022.

Plan summary
Net assets, end of year$37,192,343
Participants with balances903
Active participants661
Employer contributions$1,364,781
Employee contributions$1,630,515
Employer contribution per active participant$2,065
Average account balance$41,188
Benefits paid to participants$1,268,092
Plan auditUnmodified (clean) audit opinion
AuditorANSTISS & CO.,P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$37.2M · 903 accts · $1.4M emplr
2023$30.9M · 842 accts · $1.3M emplr
2022$25.4M · 782 accts · $991K emplr
Administrative expenses, itemized · 2024
Investment management$48,000
Total administrative$33,918
The Community Teamwork Inc. 401(k) match · 2024
Employer contribution per active participant$2,065
Median for plans this size$2,416
2024$2,065 per active participant
2023$2,158 per active participant
2022$1,951 per active participant

Community Teamwork Inc.'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
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$48,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$33,918 · 0.10%
2023$33,166 · 0.12%
2022$57,141 · 0.20%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Apderm Management LLC MA$39.3M · 0.34%
Austen Riggs Center, Inc. MA$33.9M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 042382027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.