Plan Ledger DOL Form 5500 · updated monthly

Hart United, Inc.Profit-sharing plan

HART UNITED, INC. PROFIT SHARING PLAN · NORTH HAVEN, CT · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

Hart United, Inc. reported $23,964 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,063 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 3 years on file its reported administrative ratio has held roughly steady near 0.99%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (1,009th of 1,106), and 9,522nd of 11,911 in health care & social assistance. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,657,440
Participants with balances154
Active participants192
Employer contributions$204,144
Employee contributions$218,438
Employer contribution per active participant$1,063
Average account balance$17,256
Benefits paid to participants$262,311
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.7M · 154 accts · $204K emplr
2023$2.2M · 122 accts · $311K emplr
2022$1.7M · 131 accts · $141K emplr
Employer contributions to the Hart United, Inc. plan · 2024
Employer contribution per active participant$1,063
Median for plans this size$1,313
2024$1,063 per active participant
2023$1,609 per active participant
2022$789 per active participant

Hart United, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$8,332
EMPOWER ADVISORY GROUP, LLC · Investment management$1,104

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$23,964 · 0.99%
2023$17,797 · 0.92%
2022$15,302 · 0.95%
Similar plansHealth Care & Social Assistance · Connecticut
Journey Found Inc. CT$2.8M · 1.08%
Ices, Inc. CT$2.7M · 3.00%
Home Care Associates CT$2.3M · 0.81%
Leeway, Inc. CT$2.2M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 061016076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.