Plan Ledger DOL Form 5500 · updated monthly

Hospital for Special Care403(b)

HOSPITAL FOR SPECIAL CARE 403(B) RETIREMENT PLAN · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Hospital for Special Care reported $136,606 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $841 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 0.14% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 166th-largest of 1,106 plans among Connecticut employers on file, and the 952nd of 11,911 in health care & social assistance. In 2024, employees put in $5.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$118,275,999
Participants with balances1,144
Active participants1,261
Employer contributions$1,060,581
Employee contributions$5,500,780
Employer contribution per active participant$841
Average account balance$103,388
Benefits paid to participants$9,057,010
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$118.3M · 1,144 accts · $1.1M emplr
2023$110.1M · 1,173 accts · $1.0M emplr
2022$102.6M · 1,163 accts · $649K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,041
Investment management$34,565
Total administrative$136,606
Employer contributions to the Hospital for Special Care plan · 2024
Employer contribution per active participant$841
Median for plans this size$3,635
2024$841 per active participant
2023$840 per active participant
2022$556 per active participant

Hospital for Special Care's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$102,041
INSTITUTIONAL INVESTMENT CONSULTING · Investment advisory (plan)$34,565

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$136,606 · 0.12%
2023$141,280 · 0.13%
2022$154,615 · 0.14%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Masonicare Corporation CT$124.9M · 0.19%
Genedx Holdings Corp. CT$118.5M · 0.03%
Carecentrix, Inc. CT$112.2M · 0.08%
Apple Health Care, Inc. CT$86.4M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.