Community Housing Innovations, Inc. 401(k) Review & Grade
Community Housing Innovations, Inc. 401(k) Profit-Sharing Plan and Trust
White Plains, NYOther Services626 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$823Employer $ per active participant
$1,151Employee $ saved per active participant
0.48%Direct admin cost, % of plan assets
$7.0MNet plan assets, end of year
$13,396Average balance per account
Score breakdown
- Employer generosity19.4 / 5039th percentile for employer $ per participant
- Low cost6.2 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving4.2 / 1528th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 39th |
| Lower admin cost | 25th |
| Employee saving | 28th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Community Housing Innovations put in about $823 per active participant, below the typical peer ($1,257). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.48% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $515,878 |
| Participant (employee) contributions | $721,095 |
| Other contributions (incl. rollovers in) | $42,642 |
| Administrative expenses paid from the plan | $29,603 |
| Investment advisory & management fees | $2,493 |
| Benefits paid out | $377,077 |
| Net assets, start / end of year | $5.4M / $7.0M |
| Active participants, start / end of year | 608 / 645 |
| Participants with account balances | 524 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Cerini & Associates LLP |
Largest service providers (Schedule C)
| Fidelity Inv Institn'l Ops Co Inc | $27,111 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250716120701NAL0002385107002, received 2025-07-16, EIN 13-3627750, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.