Plan Ledger DOL Form 5500 · updated monthly

Coastline Eap403(b)

COASTLINE EAP 403(B) RETIREMENT PLAN · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Coastline Eap reported $11,487 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,977 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 0.03% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Rhode Island (151st of 286), and the 1,352nd of 3,341 in other services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,909,139
Participants with balances141
Active participants104
Employer contributions$205,577
Employee contributions$366,330
Employer contribution per active participant$1,977
Average account balance$98,646
Benefits paid to participants$1,483,593
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 141 accts · $206K emplr
2023$13.3M · 158 accts · $227K emplr
2022$12.6M · 149 accts · $213K emplr
Employer contributions to the Coastline Eap plan · 2024
Employer contribution per active participant$1,977
Median for plans this size$2,416
2024$1,977 per active participant
2023$2,245 per active participant
2022$1,974 per active participant

Coastline Eap'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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,896
THE ANGELL PENSION GROUP, INC. · Other servicesindirect comp

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$11,487 · 0.08%
2023$21,376 · 0.17%
2022$3,400 · 0.03%
Similar plansOther Services · Rhode Island
Community Care Alliance RI$22.4M · 0.03%
Falvey Linen Supply, Inc. RI$17.8M · 0.20%
Looking Upwards, Inc. RI$9.1M · 0.67%
Frank Olean Center, Inc. RI$1.6M · 0.07%
Elmwood Home Care Inc RI$638K · 1.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050413182 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.