Plan Ledger DOL Form 5500 · updated monthly

Connecticut Institute for the Blind403(b)

CONNECTICUT INSTITUTE FOR THE BLIND, INC. SECTION 403(B) PLAN · HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Connecticut Institute for the Blind reported $160,004 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,760 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 0.09% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 230th-largest of 1,106 plans among Connecticut employers on file, and the 256th of 3,341 in other services. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$77,487,344
Participants with balances1,798
Active participants1,007
Employer contributions$3,785,915
Employee contributions$2,771,878
Employer contribution per active participant$3,760
Average account balance$43,096
Benefits paid to participants$8,658,943
Plan auditUnmodified (clean) audit opinion
AuditorGUILMARTIN, DIPIRO & SOKOLOWSKI LLC
Plan history3
Yearassets · accounts · employer contribution
2024$77.5M · 1,798 accts · $3.8M emplr
2023$71.8M · 1,711 accts · $3.7M emplr
2022$61.7M · 1,650 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,722
Investment management$4,392
Total administrative$160,004
Employer contributions to the Connecticut Institute for the Blind plan · 2024
Employer contribution per active participant$3,760
Median for plans this size$3,635
2024$3,760 per active participant
2023$3,923 per active participant
2022$1,979 per active participant

Connecticut Institute for the Blind's 2024 employer contribution ran above the $3,635 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
TIAA · Recordkeeping$66,920
FIDUCIENT ADVISORS, LLC · Investment advisory (plan)$55,164
GUILMARTIN, DIPIRO & SOKOLOWSKI,LLC · Accounting / audit$23,430
PASI, LLC · Contract administrator$20,125

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$160,004 · 0.21%
2023$100,033 · 0.15%
2022$58,473 · 0.09%
Same employer
Similar plansOther Services · Connecticut
Homeserve USA Corp. CT$102.5M · 0.20%
Laz Karp Associates, LLC CT$90.7M · 0.27%
Opus Inspection, Inc. CT$80.5M · 0.18%
Prosek LLC CT$44.7M · 0.47%
Memry Corporation CT$41.8M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060669111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.