Plan Ledger DOL Form 5500 · updated monthly

Connecticut Renaissance, Inc.403(b)

TAX DEFERRED ANNUITY PLAN OF CONNECTICUT RENAISSANCE, INC. · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Connecticut Renaissance, Inc. reported $44,379 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,225 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 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Connecticut (849th of 1,106), and 2,041st of 3,341 in other services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,838,911
Participants with balances359
Active participants220
Employer contributions$269,593
Employee contributions$374,001
Employer contribution per active participant$1,225
Average account balance$19,050
Benefits paid to participants$572,458
Plan auditUnmodified (clean) audit opinion
AuditorBUDWITZ & MEYERJACK
Plan history3
Yearassets · accounts · employer contribution
2024$6.8M · 359 accts · $270K emplr
2023$5.9M · 351 accts · $212K emplr
2022$4.9M · 267 accts
Administrative expenses, itemized · 2024
Investment management$44,379
Total administrative$44,379
Employer contributions to the Connecticut Renaissance, Inc. plan · 2024
Employer contribution per active participant$1,225
Median for plans this size$1,313
2024$1,225 per active participant
2023$1,115 per active participant

Connecticut Renaissance, Inc.'s 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$36,441
ORENDA RETIREMENT LLC · Contract administrator · Other services$7,656
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$44,379 · 0.70%
2023$1,163 · 0.02%
2022$1,249 · 0.02%
Similar plansOther Services · Connecticut
Reliance Health, Inc. CT$7.4M · 1.08%
Sarah, Inc. CT$6.7M · 0.02%
Buildon, Inc. CT$6.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060854288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.