Plan Ledger DOL Form 5500 · updated monthly

Housing Authority Risk Retention Group Inc401(k)

HOUSING AUTHORITY RISK RETENTION GROUP 401K PLAN · CHESHIRE, CT · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Housing Authority Risk Retention Group Inc reported $40,733 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $14,878 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 0.06% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 278th-largest of 1,106 plans among Connecticut employers on file, and the 1,472nd of 4,798 in finance & insurance. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$59,441,356
Participants with balances232
Active participants175
Employer contributions$2,603,619
Employee contributions$2,018,131
Employer contribution per active participant$14,878
Average account balance$256,213
Benefits paid to participants$5,690,787
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.4M · 232 accts · $2.6M emplr
2023$52.5M · 221 accts · $2.4M emplr
2022$43.1M · 216 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,733
Total administrative$40,733
The Housing Authority Risk Retention Group Inc 401(k) match · 2024
Employer contribution per active participant$14,878
Median for plans this size$3,635
2024$14,878 per active participant
2023$14,275 per active participant
2022$14,295 per active participant

Housing Authority Risk Retention Group Inc's 2024 employer contribution ran above the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,733

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$40,733 · 0.07%
2023$31,255 · 0.07%
2022$30,244 · 0.06%
Same employer
Similar plansFinance & Insurance · Connecticut
Union Savings Bank CT$76.9M · 0.21%
Ctc Americas, Inc. CT$69.5M · 0.10%
Littlejohn & Co., LLC CT$55.7M · 0.03%
Catic Fincncial, Inc. CT$52.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061206658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.