Plan Ledger DOL Form 5500 · updated monthly

Fair Haven Community Health Clinic, Inc.403(b)

FAIR HAVEN COMMUNITY HEALTH CLINIC 403(B) PLAN · NEW HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Fair Haven Community Health Clinic, Inc. reported $15,734 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $791 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 0.12% to 0.15%. 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 (724th of 1,106), and the 5,453rd of 11,911 in health care & social assistance. In 2024, employees put in $4.43 for every $1.00 the employer contributed; active participation has grown from 261 to 326 since 2022.

Plan summary
Net assets, end of year$10,895,023
Participants with balances235
Active participants326
Employer contributions$258,001
Employee contributions$1,142,264
Employer contribution per active participant$791
Average account balance$46,362
Benefits paid to participants$1,921,961
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9M · 235 accts · $258K emplr
2023$10.3M · 214 accts · $242K emplr
2022$8.6M · 201 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,219
Investment management$4,515
Total administrative$15,734
Employer contributions to the Fair Haven Community Health Clinic, Inc. plan · 2024
Employer contribution per active participant$791
Median for plans this size$2,416
2024$791 per active participant
2023$738 per active participant
2022$741 per active participant

Fair Haven Community Health Clinic, 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
USI CONSULTING GROUP · Claims processing · Recordkeeping$15,734

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

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

Administrative cost history3
2024$15,734 · 0.15%
2023$12,904 · 0.14%
2022$9,646 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Wellmore, Inc. CT$10.7M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060883545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.