Plan Ledger DOL Form 5500 · updated monthly

Blackstone Valley Community Health Care, IncMoney purchase plan

BLACKSTONE VALLEY COMMUNITY HEALTH CARE RETIREMENT PLAN · PAWTUCKET, RI · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Blackstone Valley Community Health Care, Inc reported $34,024 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2,918 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 0.33% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 138th-largest of 286 plans among Rhode Island employers on file, and the 4,265th of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 220 to 248 since 2022.

Plan summary
Net assets, end of year$16,204,821
Participants with balances208
Active participants248
Employer contributions$723,647
Employee contributions$934,494
Employer contribution per active participant$2,918
Average account balance$77,908
Benefits paid to participants$3,403,569
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.2M · 208 accts · $724K emplr
2023$15.8M · 298 accts · $634K emplr
2022$12.8M · 308 accts · $648K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,199
Investment management$2,825
Total administrative$34,024
Employer contributions to the Blackstone Valley Community Health Care, Inc plan · 2024
Employer contribution per active participant$2,918
Median for plans this size$2,416
2024$2,918 per active participant
2023$2,883 per active participant
2022$2,944 per active participant

Blackstone Valley Community Health Care, Inc's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS · Loan processing$31,199
STRATEGIC ADVISORS, INC · Investment advisory (plan)$2,825

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$34,024 · 0.21%
2023$36,250 · 0.25%
2022$45,288 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Groden Center, Inc. RI$18.8M · 0.06%
Saint Elizabeth Community RI$15.5M · 1.03%
C.H.I.L.D., Inc. RI$15.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510183476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.