Plan Ledger DOL Form 5500 · updated monthly

Hartford Healthcare Corporation401(k)

HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN · FARMINGTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Hartford Healthcare Corporation reported $2,413,204 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,206 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 0.13% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 10th-largest of 1,106 plans among Connecticut employers on file, and the 54th of 11,911 in health care & social assistance. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 26,064 to 29,076 since 2022.

Plan summary
Net assets, end of year$2,865,378,045
Participants with balances35,390
Active participants29,076
Employer contributions$151,367,939
Employee contributions$205,297,180
Employer contribution per active participant$5,206
Average account balance$80,966
Benefits paid to participants$179,981,009
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILONE & LASARACINA LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.9B · 35,390 accts · $151.4M emplr
2023$2.3B · 33,562 accts · $139.9M emplr
2022$1.8B · 31,772 accts · $128.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,555,502
Investment management$692,265
Total administrative$2,413,204
The Hartford Healthcare Corporation 401(k) match · 2024
Employer contribution per active participant$5,206
Median for plans this size$5,259
2024$5,206 per active participant
2023$5,083 per active participant
2022$4,934 per active participant

Hartford Healthcare Corporation's 2024 employer contribution ran below the $5,259 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 · 20245
FID INV INST OPS CO · Loan processing$1,550,655
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$692,265
WILLIS TOWERS WATSON · Consulting$85,617
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$77,003
SOUNDHILL GRAPHICS · Consulting$23,093

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$2,413,204 · 0.09%
2023$2,258,708 · 0.11%
2022$2,284,992 · 0.13%
All plans at this employer3
HARTFORD HEALTHCARE 401(K) RETIREMENT SAVINGS PLAN401(k)
HARTFORD HEALTHCARE 401(K) RETIREMENT PLAN401(k)
HARTFORD HEALTHCARE 403(B)PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Barnabas Health Inc. NJ$3.0B · 0.07%
William Beaumont Hospital MI$3.0B · 0.11%
Geisinger System Services PA$3.0B · 0.04%
Piedmont Healthcare, Inc. GA$2.9B · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222672834 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.