Plan Ledger DOL Form 5500 · updated monthly

Children's Friend and ServiceDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF CHILDREN'S AND FRIEND AND SERVICE · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Children's Friend and Service reported $11,655 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,799 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 rose from 0.04% to 0.06%. 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 126th-largest of 286 plans among Rhode Island employers on file, and the 3,707th of 11,911 in health care & social assistance. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has shrunk from 414 to 371 since 2022.

Plan summary
Net assets, end of year$19,925,859
Participants with balances691
Active participants371
Employer contributions$667,290
Employee contributions$871,271
Employer contribution per active participant$1,799
Average account balance$28,836
Benefits paid to participants$1,266,798
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 691 accts · $667K emplr
2023$17.4M · 718 accts · $611K emplr
2022$15.2M · 712 accts · $548K emplr
Employer contributions to the Children's Friend and Service plan · 2024
Employer contribution per active participant$1,799
Median for plans this size$2,416
2024$1,799 per active participant
2023$1,410 per active participant
2022$1,323 per active participant

Children's Friend and Service's 2024 employer contribution ran below 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$11,430

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,655 · 0.06%
2023$5,001 · 0.03%
2022$6,693 · 0.04%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Perspectives Corporation RI$27.5M · 0.33%
Groden Center, Inc. RI$18.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050258819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.