What are the fees in the March, Inc. of Manchester 403(b) plan?

For plan year 2022, March, Inc. of Manchester reported $5,932 in plan administrative expenses, or 0.45% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

How much does March, Inc. of Manchester contribute to its 403(b)?

In 2022, employer contributions to the March, Inc. of Manchester plan averaged $2,361 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the March, Inc. of Manchester 401(k)?

The average participant account balance was $16,162 for plan year 2022, based on 93 accounts.

March, Inc. of Manchester403(b)

Name: March, Inc. of Manchester 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

MARCH, INC. OF MANCHESTER TAX SHELTERED ANNUITY PLAN · MANCHESTER, CT · plan year 2022

Reported admin expense ratio · 2022

0.45%

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

March, Inc. of Manchester reported $5,932 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. Employer contributions averaged $2,361 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 (1,051st of 1,106), and 10,464th of 11,911 in health care & social assistance. In 2022, the employer put in $4.72 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,503,109
Participants with balances93
Active participants137
Employer contributions$323,475
Employee contributions$68,529
Employer contribution per active participant$2,361
Average account balance$16,162
Benefits paid to participants$116,568
Plan auditUnmodified (clean) audit opinion
AuditorFEDERMAN, LALLY & REMIS LLC

Employer contributions to the March, Inc. of Manchester plan · 2022

Employer contribution per active participant$2,361

Median for plans this size$1,114

March, Inc. of Manchester's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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

Your balance

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$5,932 · 0.45%

Similar plansHealth Care & Social Assistance · Connecticut
Pursuecare LLC CT$1.8M · 0.46%
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Arc of Southington CT$1.6M · 1.39%
Columbia Dental, P.C. CT$1.3M · 0.02%
Connecticut Home Health Services, LLC CT$853K · 0.51%
Wat Opco LLC (dba Woodlake at Tolland) CT$829K · 0.12%
Amberwoods Rehabilitation Center, LLC CT$768K · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061016068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.