Plan Ledger DOL Form 5500 · updated monthly

The Child and Family Guidance Center, Inc.Money purchase plan

THE CHILD AND FAMILY GUIDANCE CENTER, INC. MONEY PURCHASE PLAN · BRIDGEPORT, CT · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

The Child and Family Guidance Center, Inc. reported $20,222 in plan administrative expenses for 2024: 0.53% of average plan assets, above the peer median. Employer contributions averaged $1,428 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 fell from 1.07% to 0.53%. 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 (960th of 1,106), and 8,665th of 11,911 in health care & social assistance. active participation has grown from 66 to 85 since 2022.

Plan summary
Net assets, end of year$3,832,487
Participants with balances135
Active participants85
Employer contributions$121,374
Employee contributions—
Employer contribution per active participant$1,428
Average account balance$28,389
Benefits paid to participants$455,335
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 135 accts · $121K emplr
2023$3.8M · 123 accts · $144K emplr
2022$3.5M · 125 accts · $132K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,222
Total administrative$20,222
Employer contributions to the The Child and Family Guidance Center, Inc. plan · 2024
Employer contribution per active participant$1,428
Median for plans this size$1,313
2024$1,428 per active participant
2023$2,032 per active participant
2022$2,001 per active participant

The Child and Family Guidance Center, Inc.'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.

Administrative cost history3
2024$20,222 · 0.53%
2023$20,052 · 0.55%
2022$35,287 · 1.07%
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 060669106 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.