Plan Ledger DOL Form 5500 · updated monthly

Howard CenterProfit-sharing plan

RETIREMENT PLAN FOR EMPLOYEES OF HOWARDCENTER · BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Howard Center reported $184,484 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,612 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 1 year on file its reported administrative ratio rose from 0.13% to 0.18%. 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 15th-largest of 230 plans among Vermont employers on file, and the 1,020th of 11,911 in health care & social assistance. In 2024, employees put in $1.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,259,394
Participants with balances1,632
Active participants1,333
Employer contributions$3,481,826
Employee contributions$4,144,270
Employer contribution per active participant$2,612
Average account balance$67,561
Benefits paid to participants$8,241,930
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$110.3M · 1,632 accts · $3.5M emplr
2023$97.6M · 1,661 accts · $4.3M emplr
2022$79.6M · 1,631 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$184,484
Total administrative$184,484
Employer contributions to the Howard Center plan · 2024
Employer contribution per active participant$2,612
Median for plans this size$3,635
2024$2,612 per active participant
2023$3,396 per active participant
2022$3,143 per active participant

Howard Center's 2024 employer contribution ran below the $3,635 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$184,484

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$184,484 · 0.18%
2023$111,591 · 0.13%
2022Not separately reported
All plans at this employer2
RETIREMENT PLAN FOR EMPLOYEES OF HOWARDCENTERProfit-sharing plan
HOWARD CENTER TAX DEFERRED ANNUITY PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Vermont
Marathon Health, LLC. VT$81.1M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030179433 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.