Massachusetts › Health care and social assistance › 100 to 249 participants
Form 5500 statement · plan year 1 Jul 2024 to 30 Jun 2025
Hudson Chaps 403(b) Retirement Plan
Sponsored by Children's After School Programs, Inc., Hudson, MA
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Hudson Chaps 403(b) Retirement Plan is a 401(k) plan sponsored by Children's After School Programs, Inc. of Hudson, Massachusetts. For the plan year ending 30 Jun 2025 it reported 175 participants, 134 of them active, and net assets of $1.3M.
Net assets came to $7,432 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $30,764 median for defined contribution plans in health care and social assistance. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $143K during the year, or $1,070 per active participant against a same-size median of $2,447; participants contributed $209K. Benefits paid out totalled $13K.
The filing reports no service provider compensation on Schedule C. That is common where fees are paid by the employer or taken from investment returns, neither of which appears there. Administrative expenses charged to the plan were $3,689.
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $7,432 | $60,185 | $30,764 | $53,102 |
| Employer contributions per active participant | $1,070 | $2,447 | $1,536 | $2,175 |
| Schedule C compensation per participant | — | $194 | $93.85 | $123 |
| Schedule C compensation, share of net assets | — | 0.32% | 0.31% | 0.26% |
| Administrative expenses per participant | $21.08 | $176 | $86.53 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), health care and social assistance (9,402) and all US plans (63,460). Fee medians cover plans that report an amount.
Statement for the year
- Net assets, beginning of year$810,502
- Employer contributions$143,377
- Participant contributions$208,880
- Rollovers and other contributions$0
- Total contributions$352,257
- Total income, including investment results$506,653
- Benefits paid$12,864
- Administrative expenses$3,689
- Total expenses$16,553
- Net income$490,100
- Net transfers$0
- Net assets, end of year$1,300,602
Participants
- Active participants134
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits41
- Participants with account balances165
- Total participants, end of year175
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Cpi Qualified Plan Consultants, Inc. | Recordkeeping and information management; Consulting (pension); Participant loan processing; Participant communication | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$3,689
- Total administrative expenses$3,689
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$1.3M · 96.3%
- Receivables$34K · 2.6%
- Participant loans$14K · 1.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmCaron & Bletzer
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondNo
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 624410: Child Day Care Services.
Similar plans in Massachusetts
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Elder Services of Cape Cod and the Islands, Inc. 403(b) Plan | Elder Services of Cape Cod and the Islands, Inc. | 177 | $6.3M | $35,503 |
| Woonsocket Urgent Care PC 401(k) Profit Sharing Plan & Trust | Woonsocket Urgent Care PC | 175 | $1.7M | $9,757 |
| New England Inpatient Specialists, LLC Employees Savings Trust | New England Inpatient Specialists, LLC | 182 | $15.9M | $87,229 |
| Habilitation Assistance Corporation 401(k) Plan | Habilitation Assistance Corporation | 173 | $9.3M | $53,787 |
| Lexington Eye Associates, Inc. Retirement Savings Plan | Lexington Eye Associates, Inc. | 182 | $40.8M | $223,918 |
| Saint Francis House, Inc. 403(b) Savings Plan | Saint Francis House, Inc. | 172 | $5.0M | $28,863 |
Defined contribution plans in health care and social assistance closest in size.
Questions and answers
How big is Hudson Chaps 403(b) Retirement Plan?
175 participants at the end of the plan year ending 30 Jun 2025, of whom 134 were active employees, with net assets of $1,300,602. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does Children's After School Programs, Inc. contribute per participant?
The filing reports $143,377 in employer contributions for the year, which is $1,070 per active participant; the median for plans of the same type and size was $2,447 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports no provider compensation for the year. Administrative expenses on Schedule H were $3,689. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Children's After School Programs, Inc.. Recordkeeping or administration: Cpi Qualified Plan Consultants, Inc.. The financial statements were audited by Caron & Bletzer. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jul 2024 to 30 Jun 2025, received by the Department of Labor on 14 Apr 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 04-2927795, plan 001, received 14 Apr 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.