Plan Ledger DOL Form 5500 · updated monthly

Sarah Seneca Residential Service, IncDC plan

SARAH SENECA RESIDENTIAL SERVICES, INC. 401(K) PROFIT SHARING PLAN · BRANFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Sarah Seneca Residential Service, Inc reported $1,197 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,533 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 0.030%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Connecticut (937th of 1,106), and 2,398th of 3,341 in other services. In 2024, the employer put in $2.02 for every $1.00 employees contributed themselves; active participation has grown from 153 to 182 since 2022.

Plan summary
Net assets, end of year$4,443,096
Participants with balances116
Active participants182
Employer contributions$460,983
Employee contributions$228,272
Employer contribution per active participant$2,533
Average account balance$38,303
Benefits paid to participants$173,873
Plan auditUnmodified (clean) audit opinion
AuditorVISCONTI AND ASSOCIATES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 116 accts · $461K emplr
2023$3.5M · 108 accts · $372K emplr
2022$2.7M · 72 accts · $525K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,197
Total administrative$1,197
Employer contributions to the Sarah Seneca Residential Service, Inc plan · 2024
Employer contribution per active participant$2,533
Median for plans this size$1,313
2024$2,533 per active participant
2023$2,267 per active participant
2022$3,432 per active participant

Sarah Seneca Residential Service, Inc's 2024 employer contribution ran above the $1,313 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,197

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,197 · 0.03%
2023$623 · 0.02%
2022$780 · 0.03%
Similar plansOther Services · Connecticut
Columbus House, Inc. CT$4.0M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061297906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.