Plan Ledger DOL Form 5500 · updated monthly

Connecticut Institute for Communities, Inc.403(b)

CONNECTICUT INSTITUTE FOR COMMUNITIES, INC. 403(B) DC PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Connecticut Institute for Communities, Inc. reported $14,479 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,046 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 0.02% 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 among the smaller plans on file in Connecticut (635th of 1,106), and the 4,478th of 11,911 in health care & social assistance. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has shrunk from 375 to 330 since 2022.

Plan summary
Net assets, end of year$15,069,007
Participants with balances747
Active participants330
Employer contributions$345,334
Employee contributions$1,158,673
Employer contribution per active participant$1,046
Average account balance$20,173
Benefits paid to participants$1,521,733
Plan auditUnmodified (clean) audit opinion
AuditorMALETTA & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$15.1M · 747 accts · $345K emplr
2023$13.4M · 726 accts · $599K emplr
2022$10.5M · 673 accts · $458K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,479
Total administrative$14,479
Employer contributions to the Connecticut Institute for Communities, Inc. plan · 2024
Employer contribution per active participant$1,046
Median for plans this size$2,416
2024$1,046 per active participant
2023$1,597 per active participant
2022$1,222 per active participant

Connecticut Institute for Communities, 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 · 20241
TIAA · Recordkeeping · Pension consulting$14,479

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$14,479 · 0.10%
2023$8,465 · 0.07%
2022$2,447 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Bristol Hospital Ems, Inc. CT$16.0M · 0.19%
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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 912187143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.