Plan Ledger DOL Form 5500 · updated monthly

Fairfield County Healthcare Associates, P.C.401(k)

FAIRFIELD COUNTY HEALTHCARE ASSOCIATES, P.C. 401(K) PROFIT SHARING PLAN · SHELTON, CT · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Fairfield County Healthcare Associates, P.C. reported $57,475 in plan administrative expenses for 2023: 0.18% of average plan assets, below the peer median. Employer contributions averaged $6,707 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 fell from 0.16% 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 the 377th-largest of 1,106 plans among Connecticut employers on file, and the 2,454th of 11,911 in health care & social assistance. In 2023, the employer put in $1.10 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$35,348,112
Participants with balances150
Active participants109
Employer contributions$731,068
Employee contributions$664,178
Employer contribution per active participant$6,707
Average account balance$235,654
Benefits paid to participants$1,120,062
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.9M · 151 accts · $764K emplr
2023$35.3M · 150 accts · $731K emplr
2022$30.1M · 145 accts · $642K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,679
Total administrative$57,475
The Fairfield County Healthcare Associates, P.C. 401(k) match · 2023
Employer contribution per active participant$6,707
Median for plans this size$2,440
2024$7,141 per active participant
2023$6,707 per active participant
2022$6,176 per active participant

Fairfield County Healthcare Associates, P.C.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20236
TD AMERITRADE INSTITUTIONAL$32,109
PENSION CONSULTANTS, INC · Contract administrator$8,145
PENSION CONSULTANTS, INC · Contract administrator$2,040
LINCOLN FINANCIAL SECURITIESindirect 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$45,894 · 0.14%
2023$57,475 · 0.18%
2022$53,979 · 0.16%
Similar plansHealth Care & Social Assistance · Connecticut
McLean Affiliates, Inc. CT$36.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061452971 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.