Plan Ledger DOL Form 5500 · updated monthly

The Mental Health Center of Greater Manchester403(b)

THE MENTAL HEALTH CENTER OF GREATER MANCHESTER TAX SHELTERED ANNUITY PLAN · MANCHESTER, NH · plan year 2023

Reported admin expense ratio · 2023
0.29%

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

The Mental Health Center of Greater Manchester reported $84,292 in plan administrative expenses for 2023: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,591 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 0.19% to 0.31%. 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 135th-largest of 411 plans among New Hampshire employers on file, and the 2,846th of 11,911 in health care & social assistance. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,060,527
Participants with balances388
Active participants468
Employer contributions$744,596
Employee contributions$1,396,591
Employer contribution per active participant$1,591
Average account balance$74,898
Benefits paid to participants$6,509,819
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.4M · 370 accts · $722K emplr
2023$29.1M · 388 accts · $745K emplr
2022$28.8M · 401 accts · $759K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$36,572
Investment management$43,059
Total administrative$84,292
Employer contributions to the The Mental Health Center of Greater Manchester plan · 2023
Employer contribution per active participant$1,591
Median for plans this size$2,440
2024$1,608 per active participant
2023$1,591 per active participant
2022$1,579 per active participant

The Mental Health Center of Greater Manchester'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 · 20232
PCS RETIREMENT LLC · Recordkeeping$36,572
FINANCIAL STRATEGIES RETIREMENT PAR · Investment advisory (plan)$43,059

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

Recordkeeper by year2
2024PCS Retirement
2023PCS Retirement

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

Administrative cost history3
2024$89,302 · 0.31%
2023$84,292 · 0.29%
2022$63,015 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · New Hampshire
New London Hospital NH$27.7M · 0.41%
The Riverwoods Group NH$22.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020258994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.