Plan Ledger DOL Form 5500 · updated monthly

Accesspoint Ri401(k)

ACCESSPOINT RI RETIREMENT PLAN · CRANSTON, RI · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Accesspoint Ri reported $37,478 in plan administrative expenses for 2022: 0.37% of average plan assets, above the peer median. Employer contributions averaged $223 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (180th of 286), and 6,127th of 11,911 in health care & social assistance. In 2022, employees put in $5.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,798,513
Participants with balances209
Active participants248
Employer contributions$55,413
Employee contributions$325,491
Employer contribution per active participant$223
Average account balance$42,098
Benefits paid to participants$1,202,354
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
The Accesspoint Ri 401(k) match · 2022
Employer contribution per active participant$223
Median for plans this size$2,266

Accesspoint Ri's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$37,478 · 0.37%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Crossroads Rhode Island RI$10.1M · 0.63%
Edesia, Inc. RI$9.1M · 0.24%
Plum Dental Group, L.L.C. RI$8.2M · 0.51%
Nursing Placement Inc. RI$7.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 056015153 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.