Plan Ledger DOL Form 5500 · updated monthly

Connecticut Heating & Cooling Contractors Association, Inc.401(k)

CONNECTICUT HEATING & COOLING CONTRACTORS ASSOCIATION RETIREMENT PLAN · GLASTONBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Connecticut Heating & Cooling Contractors Association, Inc. reported $95,969 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,201 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 0.60% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Connecticut (638th of 1,106), and the 2,485th of 5,337 in construction. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves; active participation has grown from 177 to 278 since 2022.

Plan summary
Net assets, end of year$14,846,699
Participants with balances237
Active participants278
Employer contributions$1,445,834
Employee contributions$963,478
Employer contribution per active participant$5,201
Average account balance$62,644
Benefits paid to participants$1,119,105
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 237 accts · $1.4M emplr
2023$11.2M · 206 accts · $581K emplr
2022$8.5M · 168 accts · $295K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$63,027
Investment management$14,516
Audit (IQPA)$13,000
Trustee / custodial$5,426
Total administrative$95,969
The Connecticut Heating & Cooling Contractors Association, Inc. 401(k) match · 2024
Employer contribution per active participant$5,201
Median for plans this size$2,416
2024$5,201 per active participant
2023$2,559 per active participant
2022$1,664 per active participant

Connecticut Heating & Cooling Contractors Association, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$17,097
FIDUCIARY CONSULTING GROUP, INC · Claims processing · Plan administrator$45,930
KESTRA ADVISORY SERVICES, LLC · Investment advisory (participants) · Investment advisory (plan)$14,516
LEE CPA AUDIT GROUP · Accounting / audit$13,000
CHARLES SCHWAB BANK · Custodial (securities) · Loan processing$5,426

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$95,969 · 0.74%
2023$77,782 · 0.79%
2022$44,523 · 0.60%
Similar plansConstruction · Connecticut
Supreme Group Inc. CT$27.7M · 0.01%
Richard's Corporation CT$21.7M · 0.13%
Baker Companies Inc. CT$14.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 237323973 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.