Plan Ledger DOL Form 5500 · updated monthly

Connecticut Children's Medical Center403(b)

CONNECTICUT CHILDREN'S RETIREMENT SAVINGS PLAN · HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Connecticut Children's Medical Center reported $325,090 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $4,481 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 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 46th-largest of 1,106 plans among Connecticut employers on file, and the 310th of 11,911 in health care & social assistance. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 3,094 to 3,681 since 2022.

Plan summary
Net assets, end of year$540,767,273
Participants with balances5,684
Active participants3,681
Employer contributions$16,494,121
Employee contributions$26,652,345
Employer contribution per active participant$4,481
Average account balance$95,139
Benefits paid to participants$35,450,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$540.8M · 5,684 accts · $16.5M emplr
2023$467.0M · 5,643 accts · $14.4M emplr
2022$377.1M · 5,277 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$312,409
Investment management$12,681
Total administrative$325,090
Employer contributions to the Connecticut Children's Medical Center plan · 2024
Employer contribution per active participant$4,481
Median for plans this size$4,294
2024$4,481 per active participant
2023$4,531 per active participant
2022$4,650 per active participant

Connecticut Children's Medical Center's 2024 employer contribution ran above the $4,294 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 · 20244
FID INV INST OPS CO · Recordkeeping · Loan processing$312,019
EMPOWER ANNUITY INS CO · Recordkeeping · Insurance services$300
VOYA · Recordkeeping$90
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,681

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

Recordkeeper by year2
2024Empower, Fidelity, Voya
2023Empower, Fidelity, Voya

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

Administrative cost history3
2024$325,090 · 0.06%
2023$265,919 · 0.06%
2022$287,135 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Nuvance Health CT$1.2B · 0.09%
Stamford Health, Inc. CT$504.5M · 0.08%
Middlesex Health CT$473.2M · 0.10%
Lawrence & Memorial Hospital CT$369.4M · 0.02%
Bridgeport Hospital CT$286.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.