Plan Ledger DOL Form 5500 · updated monthly

Sssh 3, Inc401(k)

ALARM NEW ENGLAND SAVINGS AND RETIREMENT PLAN · ROCKY HILL, CT · plan year 2023

Reported admin expense ratio · 2023
0.38%

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

Sssh 3, Inc reported $40,465 in plan administrative expenses for 2023: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,983 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 1 year on file its reported administrative ratio rose from 0.15% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Connecticut (722nd of 1,106), and 7,639th of 11,654 in professional & technical services. In 2023, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,176,949
Participants with balances89
Active participants90
Employer contributions$268,434
Employee contributions$508,937
Employer contribution per active participant$2,983
Average account balance$125,584
Benefits paid to participants$1,447,680
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$11.2M · 89 accts · $268K emplr
2022$10.3M · 104 accts · $255K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,465
Total administrative$40,465
The Sssh 3, Inc 401(k) match · 2023
Employer contribution per active participant$2,983
Median for plans this size$2,440
2023$2,983 per active participant
2022$2,767 per active participant

Sssh 3, Inc's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK USA · Recordkeeping · Investment management$13,286
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$25,010

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

Administrative cost history2
2023$40,465 · 0.38%
2022$16,757 · 0.15%
Similar plansProfessional & Technical Services · Connecticut
Cogstate, Inc. CT$11.9M · 0.41%
Carter Mario P.C. CT$11.9M · 0.35%
Media Storm LLC CT$11.2M · 0.53%
Goodroot, LLC CT$10.2M · 0.32%
Compassmsp, LLC CT$10.1M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611648564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.