Plan Ledger DOL Form 5500 · updated monthly

Visiting Nurse Association of Ridgefield, Inc.403(b)

RVNAHEALTH 403(B) PLAN · RIDGEFIELD, CT · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Visiting Nurse Association of Ridgefield, Inc. reported $61,727 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $782 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 0.13% to 0.54%. 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 among the smaller plans on file in Connecticut (686th of 1,106), and the 4,965th of 11,911 in health care & social assistance. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 446 to 715 since 2022.

Plan summary
Net assets, end of year$12,753,136
Participants with balances225
Active participants715
Employer contributions$559,348
Employee contributions$1,092,740
Employer contribution per active participant$782
Average account balance$56,681
Benefits paid to participants$787,396
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 225 accts · $559K emplr
2023$10.1M · 196 accts · $397K emplr
2022$8.0M · 167 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,343
Total administrative$61,727
Employer contributions to the Visiting Nurse Association of Ridgefield, Inc. plan · 2024
Employer contribution per active participant$782
Median for plans this size$2,416
2024$782 per active participant
2023$684 per active participant
2022$737 per active participant

Visiting Nurse Association of Ridgefield, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$60,042

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$61,727 · 0.54%
2023$47,768 · 0.53%
2022$11,266 · 0.13%
Same employer
Similar plansHealth Care & Social Assistance · Connecticut
Family Centers, Inc. CT$13.6M · 0.34%
Marrakech, Inc. CT$12.8M · 1.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060646613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.