Plan Ledger DOL Form 5500 · updated monthly

Hartford Dispensary403(b)

THE ROOT CENTER FOR ADVANCED RECOVERY 403(B) PLAN · MANCHESTER, CT · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Hartford Dispensary reported $57,947 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $4,281 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 0.409%. 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 (639th of 1,106), and the 4,547th of 11,911 in health care & social assistance. In 2024, the employer put in $1.42 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,742,335
Participants with balances269
Active participants242
Employer contributions$1,036,116
Employee contributions$728,796
Employer contribution per active participant$4,281
Average account balance$54,804
Benefits paid to participants$2,128,558
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 269 accts · $1.0M emplr
2023$13.6M · 256 accts · $947K emplr
2022$12.3M · 272 accts · $908K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,822
Investment management$35,125
Total administrative$57,947
Employer contributions to the Hartford Dispensary plan · 2024
Employer contribution per active participant$4,281
Median for plans this size$2,416
2024$4,281 per active participant
2023$3,802 per active participant
2022$3,896 per active participant

Hartford Dispensary's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PASI INVESTMENTS, LLC · Investment advisory (plan)$35,125
PASI, LLC · Contract administrator$12,090

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$57,947 · 0.41%
2023$51,367 · 0.40%
2022$53,613 · 0.41%
Similar plansHealth Care & Social Assistance · Connecticut
Bristol Hospital Ems, Inc. CT$16.0M · 0.19%
Livewell Alliance, Inc. CT$14.7M · 0.05%
Bridges Healthcare, Inc. CT$14.6M · 0.48%
Duncaster, Inc. CT$14.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646665 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.