Plan Ledger DOL Form 5500 · updated monthly

Aaa Northeast401(k)

AAA NORTHEAST RETIREMENT PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Aaa Northeast reported $127,640 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,074 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 fell from 0.040% to 0.038%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 17th-largest of 286 plans among Rhode Island employers on file, and the 482nd of 11,654 in professional & technical services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 3,168 to 3,718 since 2022.

Plan summary
Net assets, end of year$358,171,038
Participants with balances4,459
Active participants3,718
Employer contributions$11,427,739
Employee contributions$16,990,854
Employer contribution per active participant$3,074
Average account balance$80,325
Benefits paid to participants$31,371,428
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$358.2M · 4,459 accts · $11.4M emplr
2023$317.0M · 4,196 accts · $10.4M emplr
2022$270.2M · 4,023 accts · $9.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,640
Total administrative$127,640
The Aaa Northeast 401(k) match · 2024
Employer contribution per active participant$3,074
Median for plans this size$4,294
2024$3,074 per active participant
2023$3,175 per active participant
2022$2,944 per active participant

Aaa Northeast's 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$127,640

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

Administrative cost history3
2024$127,640 · 0.04%
2023$120,297 · 0.04%
2022$118,664 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Igt RI$1.4B · 0.05%
Hok Group, Inc. MO$361.8M · 0.08%
Haynes and Boone, LLP TX$360.5M · 0.03%
Erc, Inc. AL$358.9M · 0.14%
Forrester Research Inc MA$357.5M · 0.01%
Bass, Berry & Sims TN$355.4M · 0.02%
Hibu Inc. IA$351.7M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050102480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.