Plan Ledger DOL Form 5500 · updated monthly

Midwestern Connecticut Council on Alcoholism401(k)

MIDWESTERN CONNECTICUT COUNCIL ON ALCOHOLISM PROFIT SHARING 401(K) PLAN · DANBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Midwestern Connecticut Council on Alcoholism reported $14,931 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,397 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 0.11% to 0.12%. 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 (671st of 1,106), and the 4,775th of 11,911 in health care & social assistance. In 2024, the employer put in $1.25 for every $1.00 employees contributed themselves; active participation has grown from 109 to 124 since 2022.

Plan summary
Net assets, end of year$13,585,203
Participants with balances198
Active participants124
Employer contributions$545,248
Employee contributions$436,034
Employer contribution per active participant$4,397
Average account balance$68,612
Benefits paid to participants$1,167,308
Plan auditUnmodified (clean) audit opinion
AuditorNANAVATY DAVENPORT STUDLEY WHITELLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 198 accts · $545K emplr
2023$12.3M · 208 accts · $773K emplr
2022$10.6M · 178 accts · $783K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,705
Investment management$9,226
Total administrative$14,931
The Midwestern Connecticut Council on Alcoholism 401(k) match · 2024
Employer contribution per active participant$4,397
Median for plans this size$2,416
2024$4,397 per active participant
2023$5,854 per active participant
2022$7,187 per active participant

Midwestern Connecticut Council on Alcoholism's 2024 employer contribution ran above the $2,416 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

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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,226
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$5,705
STRATIGIC ADVISORS, INC. · Investment advisory (plan)indirect comp
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$14,931 · 0.12%
2023$13,591 · 0.12%
2022$10,748 · 0.11%
Similar plansHealth Care & Social Assistance · Connecticut
Community Solutions, Inc. CT$13.8M · 0.82%
Happy Mountains, LLC CT$13.7M · 0.44%
Family Centers, Inc. CT$13.6M · 0.34%
Marrakech, Inc. CT$12.8M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060890278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.