Plan Ledger DOL Form 5500 · updated monthly

The Connection, Inc.DC plan

403(B) THRIFT PLAN OF THE CONNECTION, INC. · MIDDLETOWN, CT · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

The Connection, Inc. reported $3,876 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,353 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 fell from 0.022% to 0.020%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 538th-largest of 1,106 plans among Connecticut employers on file, and the 3,544th of 11,911 in health care & social assistance. In 2023, the employer put in $1.49 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,060,241
Participants with balances768
Active participants425
Employer contributions$1,000,000
Employee contributions$673,336
Employer contribution per active participant$2,353
Average account balance$27,422
Benefits paid to participants$823,272
Plan auditUnmodified (clean) audit opinion
AuditorWHITTLESEY
Plan history2
Yearassets · accounts · employer contribution
2023$21.1M · 768 accts · $1.0M emplr
2022$17.4M · 664 accts · $807K emplr
Employer contributions to the The Connection, Inc. plan · 2023
Employer contribution per active participant$2,353
Median for plans this size$2,440
2023$2,353 per active participant
2022$2,091 per active participant

The Connection, Inc.'s 2023 employer contribution ran below 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 · 20231
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$628

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$3,876 · 0.02%
2022$4,064 · 0.02%
Similar plansHealth Care & Social Assistance · Connecticut
Anb-Ptsma Holdings, Inc. CT$21.8M · 0.53%
Cw Group, Inc. CT$20.7M · 0.64%
Apt Foundation Inc. CT$19.6M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060886125 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.