Plan Ledger DOL Form 5500 · updated monthly

Duncaster, Inc.401(k)

DUNCASTER, INC. 401K RETIREMENT PLAN · BLOOMFIELD, CT · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Duncaster, Inc. reported $16,796 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $1,599 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 0.07% to 0.14%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (645th of 1,106), and the 4,580th of 11,911 in health care & social assistance. In 2023, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 516 to 296 since 2022.

Plan summary
Net assets, end of year$14,601,537
Participants with balances341
Active participants296
Employer contributions$473,301
Employee contributions$817,742
Employer contribution per active participant$1,599
Average account balance$42,820
Benefits paid to participants$1,299,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.5M · 354 accts · $390K emplr
2023$14.6M · 341 accts · $473K emplr
2022$12.5M · 288 accts · $411K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,350
Investment management$10,296
Total administrative$16,796
The Duncaster, Inc. 401(k) match · 2023
Employer contribution per active participant$1,599
Median for plans this size$2,440
2024$1,341 per active participant
2023$1,599 per active participant
2022$797 per active participant

Duncaster, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
DUNCASTER, INC.$8,670
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$8,126

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$19,614 · 0.14%
2023$16,796 · 0.12%
2022$10,113 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Hartford Dispensary CT$14.7M · 0.41%
Livewell Alliance, Inc. CT$14.7M · 0.05%
Bridges Healthcare, Inc. CT$14.6M · 0.48%
Community Solutions, Inc. CT$13.8M · 0.82%
Happy Mountains, LLC CT$13.7M · 0.44%
Family Centers, Inc. CT$13.6M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061051218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.