Plan Ledger DOL Form 5500 · updated monthly

United Way of Connecticut, Inc.401(k)

UNITED WAY OF CONNECTICUT, INC. 401(K) RETIREMENT PLAN · ROCKY HILL, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

United Way of Connecticut, Inc. reported $43,857 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $3,811 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 0.17% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 492nd-largest of 1,106 plans among Connecticut employers on file, and the 3,182nd of 11,911 in health care & social assistance. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 310 to 345 since 2022.

Plan summary
Net assets, end of year$24,686,997
Participants with balances448
Active participants345
Employer contributions$1,314,772
Employee contributions$1,328,193
Employer contribution per active participant$3,811
Average account balance$55,105
Benefits paid to participants$2,335,014
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.7M · 448 accts · $1.3M emplr
2023$21.9M · 408 accts · $1.3M emplr
2022$18.4M · 402 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,857
Total administrative$43,857
The United Way of Connecticut, Inc. 401(k) match · 2024
Employer contribution per active participant$3,811
Median for plans this size$2,416
2024$3,811 per active participant
2023$4,387 per active participant
2022$3,751 per active participant

United Way of Connecticut, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$43,857

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$43,857 · 0.19%
2023$33,677 · 0.17%
2022$31,787 · 0.17%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Optimus Health Care, Inc. CT$28.6M · 0.25%
Icare Management, LLC CT$23.7M · 0.47%
The Eye Care Group, P.C. CT$22.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061084194 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.