Plan Ledger DOL Form 5500 · updated monthly

Mountainside Treatment Center401(k)

MOUNTAINSIDE RETIREMENT SAVINGS PLAN · CANAAN, CT · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Mountainside Treatment Center reported $50,887 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,734 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 0.55%. 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 Connecticut (746th of 1,106), and the 5,647th of 11,911 in health care & social assistance. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 305 to 356 since 2022.

Plan summary
Net assets, end of year$10,151,946
Participants with balances264
Active participants356
Employer contributions$617,346
Employee contributions$1,090,781
Employer contribution per active participant$1,734
Average account balance$38,454
Benefits paid to participants$1,203,906
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 264 accts · $617K emplr
2023$8.4M · 247 accts · $562K emplr
2022$7.2M · 240 accts · $508K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,125
Investment management$21,762
Total administrative$50,887
The Mountainside Treatment Center 401(k) match · 2024
Employer contribution per active participant$1,734
Median for plans this size$1,313
2024$1,734 per active participant
2023$1,785 per active participant
2022$1,665 per active participant

Mountainside Treatment Center's 2024 employer contribution ran above the $1,313 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
JPMORGAN INVEST HOLDINGS LLC$29,125
WORLD INVESTMENT ADVISORS LLC · Investment advisory (plan)$21,762

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$50,887 · 0.55%
2023$45,833 · 0.59%
2022$38,885 · 0.54%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Star Inc., Lighting the Way CT$10.4M · 0.37%
Community Residences, Inc. CT$10.2M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270334267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.