Plan Ledger DOL Form 5500 · updated monthly

High Watch Recovery Center, Inc.403(b)

HIGH WATCH RECOVERY INC. 403(B) DC PLAN · KENT, CT · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

High Watch Recovery Center, Inc. reported $475 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,430 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 rose from 0.00% to 0.01%. 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 (763rd of 1,106), and the 5,808th of 11,911 in health care & social assistance. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,686,271
Participants with balances223
Active participants189
Employer contributions$837,229
Employee contributions$625,785
Employer contribution per active participant$4,430
Average account balance$43,436
Benefits paid to participants$617,744
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 223 accts · $837K emplr
2023$7.7M · 203 accts · $783K emplr
2022$6.8M · 184 accts · $800K emplr
Employer contributions to the High Watch Recovery Center, Inc. plan · 2024
Employer contribution per active participant$4,430
Median for plans this size$1,313
2024$4,430 per active participant
2023$4,631 per active participant
2022$4,625 per active participant

High Watch Recovery Center, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$475 · 0.01%
2023$3,477 · 0.05%
2022$175 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Whitney Center, Inc. CT$9.0M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060674970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.