Plan Ledger DOL Form 5500 · updated monthly

Intercommunity, Inc.401(k)

INTERCOMMUNITY, INC. 401(K) PROFIT SHARING PLAN · EAST HARTFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Intercommunity, Inc. reported $17,278 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,642 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 0.17% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (567th of 1,106), and the 3,774th of 11,911 in health care & social assistance. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$19,415,746
Participants with balances535
Active participants372
Employer contributions$982,698
Employee contributions$908,851
Employer contribution per active participant$2,642
Average account balance$36,291
Benefits paid to participants$3,064,517
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.4M · 535 accts · $983K emplr
2023$18.2M · 523 accts · $2.1M emplr
2022$13.7M · 487 accts · $950K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,278
Total administrative$17,278
The Intercommunity, Inc. 401(k) match · 2024
Employer contribution per active participant$2,642
Median for plans this size$2,416
2024$2,642 per active participant
2023$5,477 per active participant
2022$2,474 per active participant

Intercommunity, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
JIM HALLINAN PENSION CONSULTING, LL · Contract administrator$22,865
CAPITAL GROUP RETIREMENT PLAN SERVI$4,825

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$17,278 · 0.09%
2023$15,961 · 0.10%
2022$22,300 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Cw Group, Inc. CT$20.7M · 0.64%
Apt Foundation Inc. CT$19.6M · 0.17%
Access Rehab Centers, LLC CT$18.4M · 0.47%
Abilis, Inc. CT$18.2M · 0.30%
Waveny Care Center CT$17.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060954809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.