Plan Ledger DOL Form 5500 · updated monthly

Lakes Region Community Services Council403(b)

LAKES REGION COMMUNITY SERVICES COUNCIL 403(B) PLAN · LACONIA, NH · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Lakes Region Community Services Council reported $64,322 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $349 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 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Hampshire (307th of 411), and 7,033rd of 11,911 in health care & social assistance. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has shrunk from 332 to 265 since 2022.

Plan summary
Net assets, end of year$6,657,908
Participants with balances134
Active participants265
Employer contributions$92,407
Employee contributions$257,036
Employer contribution per active participant$349
Average account balance$49,686
Benefits paid to participants$673,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.7M · 134 accts · $92K emplr
2023$6.2M · 136 accts · $91K emplr
2022$5.6M · 133 accts · $92K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,628
Investment management$15,694
Total administrative$64,322
Employer contributions to the Lakes Region Community Services Council plan · 2024
Employer contribution per active participant$349
Median for plans this size$1,313
2024$349 per active participant
2023$290 per active participant
2022$278 per active participant

Lakes Region Community Services Council's 2024 employer contribution ran below the $1,313 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$37,603
MML INVESTORS SERVICES, LLC · Investment advisory (plan)$15,694
CARON & BLETZER, PLLC · Accounting / audit$11,000

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$64,322 · 1.00%
2023$55,577 · 0.94%
2022$50,312 · 0.96%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
Boothby Therapy Services NH$7.2M · 0.52%
Taylor Community NH$6.8M · 1.02%
Granite Bay Care, Inc. NH$6.8M · 1.27%
Silverstone by Hunt NH$6.3M · 0.36%
Pmc Medical Group, LLC NH$6.2M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020329795 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.