Plan Ledger DOL Form 5500 · updated monthly

Manchester Sports Center Inc401(k)

MANCHESTER SPORTS CENTER INC 401 (K) PROFIT SHARING PLAN & TRUST · MANCHESTER, CT · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Manchester Sports Center Inc reported $101,478 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,209 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 rose from 0.46% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Connecticut (573rd of 1,106), and the 1,995th of 4,246 in wholesale trade. In 2024, employees put in $2.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,838,926
Participants with balances187
Active participants152
Employer contributions$335,827
Employee contributions$723,051
Employer contribution per active participant$2,209
Average account balance$100,743
Benefits paid to participants$775,571
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.8M · 187 accts · $336K emplr
2023$16.8M · 176 accts · $338K emplr
2022$15.6M · 200 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,422
Investment management$7,987
Total administrative$101,478
The Manchester Sports Center Inc 401(k) match · 2024
Employer contribution per active participant$2,209
Median for plans this size$2,416
2024$2,209 per active participant
2023$2,281 per active participant
2022$2,124 per active participant

Manchester Sports Center Inc's 2024 employer contribution ran below 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
FIDUCIENT ADVISORS LLC$7,294

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$101,478 · 0.57%
2023$64,520 · 0.40%
2022$91,100 · 0.46%
Similar plansWholesale Trade · Connecticut
Allan S. Goodman, Inc. CT$20.6M · 0.40%
S&S Worldwide, Inc. CT$19.8M · 0.01%
Kinsley Group, Inc. CT$18.4M · 0.81%
Thurston Foods, Inc. CT$18.1M · 0.11%
Drew Marine USA, Inc. CT$17.8M · 0.02%
Dichello Distributors, Inc. CT$16.7M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 066069694 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.