Family Centers, Inc.403(b)
FAMILY CENTERS, INC. 403(B) PLAN · GREENWICH, CT · plan year 2023
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Family Centers, Inc. reported $42,355 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,954 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 0.69% to 0.53%. 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 (669th of 1,106), and the 4,768th of 11,911 in health care & social assistance. In 2023, the employer put in $1.03 for every $1.00 employees contributed themselves; active participation has grown from 251 to 281 since 2022.
Family Centers, 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 060646656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.