Brown Physicians, Inc.Profit-sharing plan
BROWN PHYSICIANS, INC. 401(A) PLAN · PROVIDENCE, RI · plan year 2024
Brown Physicians, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $326,346,405 across 1,556 participant accounts, with employer contributions averaging $13,319 per active participant. See methodology for what Form 5500 does and doesn't capture.
Across the 1 year on file its reported administrative ratio fell from 0.01% to 0.00%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 20th-largest of 286 plans among Rhode Island employers on file, and the 459th of 11,911 in health care & social assistance. active participation has grown from 1,265 to 1,424 since 2022.
Brown Physicians, Inc.'s 2024 employer contribution ran above the $4,294 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.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 821858635 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.