Plan Ledger DOL Form 5500 · updated monthly

Cw Group, Inc.403(b)

403(B) THRIFT PLAN FOR CW GROUP, INC. · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Cw Group, Inc. reported $124,782 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $385 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 1 year on file its reported administrative ratio fell from 0.77% to 0.64%. 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 the 548th-largest of 1,106 plans among Connecticut employers on file, and the 3,603rd of 11,911 in health care & social assistance. In 2024, the employer put in $1.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,674,647
Participants with balances1,405
Active participants2,339
Employer contributions$901,093
Employee contributions$793,133
Employer contribution per active participant$385
Average account balance$14,715
Benefits paid to participants$2,045,593
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$20.7M · 1,405 accts · $901K emplr
2023$18.5M · 1,316 accts · $796K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,365
Investment management$36,884
Trustee / custodial$5,533
Total administrative$124,782
Employer contributions to the Cw Group, Inc. plan · 2024
Employer contribution per active participant$385
Median for plans this size$2,416
2024$385 per active participant
2023$281 per active participant

Cw Group, 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 · 20243
NEWPORT GROUP, INC. · Claims processing · Contract administrator$82,365
CCR WEALTH MANAGEMENT, INC. · Investment advisory (participants) · Investment management$36,884
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$5,533

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

Administrative cost history2
2024$124,782 · 0.64%
2023$134,165 · 0.77%
Similar plansHealth Care & Social Assistance · Connecticut
The Connection, Inc. CT$21.1M · 0.02%
Apt Foundation Inc. CT$19.6M · 0.17%
Intercommunity, Inc. CT$19.4M · 0.09%
Access Rehab Centers, LLC CT$18.4M · 0.47%
Abilis, Inc. CT$18.2M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222784283 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.