Plan Ledger DOL Form 5500 · updated monthly

Adler Pollock & Sheehan P.C.401(k)

ADLER POLLOCK & SHEEHAN P.C. 401(K) RETIREMENT PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Adler Pollock & Sheehan P.C. reported $51,877 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $9,739 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 0.084% to 0.079%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 59th-largest of 286 plans among Rhode Island employers on file, and the 2,137th of 11,654 in professional & technical services. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,279,075
Participants with balances168
Active participants123
Employer contributions$1,197,957
Employee contributions$1,223,610
Employer contribution per active participant$9,739
Average account balance$400,471
Benefits paid to participants$7,789,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.3M · 168 accts · $1.2M emplr
2023$63.8M · 154 accts · $1.2M emplr
2022$54.7M · 150 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,357
Investment management$47,520
Total administrative$51,877
The Adler Pollock & Sheehan P.C. 401(k) match · 2024
Employer contribution per active participant$9,739
Median for plans this size$3,635
2024$9,739 per active participant
2023$9,676 per active participant
2022$9,258 per active participant

Adler Pollock & Sheehan P.C.'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20242
THE WASHINGTON TRUST CO · Investment advisory (plan)$46,852

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$51,877 · 0.08%
2023$77,962 · 0.13%
2022$52,855 · 0.08%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Hinckley, Allen & Snyder LLP RI$177.6M · 0.05%
Seacorp, LLC RI$147.5M · 0.11%
Beta Group Inc RI$42.2M · 0.12%
Cai Software LLC RI$36.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050343749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.