Plan Ledger DOL Form 5500 · updated monthly

Klingberg Comprehensive Program Services, Inc.401(k)

KLINGBERG COMPREHENSIVE PROGRAM SERVICES INC. 401(K) THRIFT PLAN · NEW BRITAIN, CT · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Klingberg Comprehensive Program Services, Inc. reported $93,664 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,232 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 3 years on file its reported administrative ratio has held roughly steady near 0.65%. 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 (628th of 1,106), and the 4,402nd of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 383 to 281 since 2022.

Plan summary
Net assets, end of year$15,405,700
Participants with balances289
Active participants281
Employer contributions$346,182
Employee contributions$606,434
Employer contribution per active participant$1,232
Average account balance$53,307
Benefits paid to participants$1,082,626
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 289 accts · $346K emplr
2023$13.5M · 266 accts · $322K emplr
2022$11.6M · 274 accts · $280K emplr
The Klingberg Comprehensive Program Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,232
Median for plans this size$2,416
2024$1,232 per active participant
2023$1,185 per active participant
2022$731 per active participant

Klingberg Comprehensive Program Services, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
USI CONSULTING GROUP, INC. · Recordkeeping$64,124
CHARLES SCHWAB & CO., INC. · Recordkeepingindirect comp
USI ADVISORS, INC. · Investment advisory (plan)$21,860
CHARLES SCHWAB TRUST BANK · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab, USI Consulting
2023Charles Schwab, HOOKER & HOLCOMBE RETIREMENT SERVIC

This plan has changed recordkeepers within these filings. If you left Klingberg Comprehensive Program Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$93,664 · 0.65%
2023$85,645 · 0.68%
2022$90,519 · 0.68%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Cw Resources, Inc. CT$16.4M · 0.77%
Bristol Hospital Ems, Inc. CT$16.0M · 0.19%
Hartford Dispensary CT$14.7M · 0.41%
Livewell Alliance, Inc. CT$14.7M · 0.05%
Bridges Healthcare, Inc. CT$14.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060688316 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.