Plan Ledger DOL Form 5500 · updated monthly

Journey Found Inc.403(b)

JOURNEY FOUND INC. 403(B) RETIREMENT PLAN · MANCHESTER, CT · plan year 2022

Reported admin expense ratio · 2022
1.08%

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

Journey Found Inc. reported $27,230 in plan administrative expenses for 2022: 1.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,095 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Connecticut (1,000th of 1,106), and 9,419th of 11,911 in health care & social assistance. In 2022, the employer put in $1.38 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,789,789
Participants with balances82
Active participants244
Employer contributions$267,254
Employee contributions$193,894
Employer contribution per active participant$1,095
Average account balance$34,022
Benefits paid to participants$169,827
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$10,306
Investment management$6,887
Total administrative$27,230
Employer contributions to the Journey Found Inc. plan · 2022
Employer contribution per active participant$1,095
Median for plans this size$1,114

Journey Found Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,230 · 1.08%
Similar plansHealth Care & Social Assistance · Connecticut
Pomperaug Woods, Inc. CT$3.2M · 1.01%
Youth Continuum, Inc. CT$3.2M · 0.00%
Aware Recovery Care, Inc. CT$3.0M · 1.18%
Ices, Inc. CT$2.7M · 3.00%
Hart United, Inc. CT$2.7M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462753734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.