Plan Ledger DOL Form 5500 · updated monthly

Southeastern Council on Alcoho401(k)

403(B) THRIFT PLAN FOR EMPLOYEES OF SOUTHEASTERN COUNCIL ON ALCOHOLISM & DRUG DEPENDENCE, INC. · LEBANON, CT · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

Southeastern Council on Alcoho reported $25,691 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $2,176 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 0.05% to 0.80%. 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 (961st of 1,106), and 8,678th of 11,911 in health care & social assistance. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,818,509
Participants with balances321
Active participants201
Employer contributions$437,351
Employee contributions$605,390
Employer contribution per active participant$2,176
Average account balance$11,896
Benefits paid to participants$514,808
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 321 accts · $437K emplr
2023$2.6M · 283 accts · $636K emplr
2022$1.3M · 203 accts · $189K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,878
Investment management$3,813
Total administrative$25,691
The Southeastern Council on Alcoho 401(k) match · 2024
Employer contribution per active participant$2,176
Median for plans this size$1,313
2024$2,176 per active participant
2023$2,606 per active participant
2022$915 per active participant

Southeastern Council on Alcoho'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
ADP, INC. · Recordkeeping · Loan processing$21,878
KESTRA ADVISORY SERVICES · Recordkeeping · Trustee$3,813

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

Recordkeeper by year2
2024ADP, KESTRA ADVISORY SERVICES
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left Southeastern Council on Alcoho before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$25,691 · 0.80%
2023$1,289 · 0.07%
2022$729 · 0.05%
Similar plansHealth Care & Social Assistance · Connecticut
Hebrew Health Care, Inc. CT$4.2M · 0.95%
Acord, Inc. CT$3.8M · 0.79%
Ccarc, Inc. CT$3.6M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060860926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.