Plan Ledger DOL Form 5500 · updated monthly

Dr. Day Care, Inc.401(k)

DR. DAY CARE, INC. 401(K) PLAN · SMITHFIELD, RI · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Dr. Day Care, Inc. reported $1,090 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $698 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (274th of 286), and 10,983rd of 11,911 in health care & social assistance. In 2022, employees put in $1.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$907,525
Participants with balances67
Active participants110
Employer contributions$76,785
Employee contributions$97,352
Employer contribution per active participant$698
Average account balance$13,545
Benefits paid to participants$51,390
Plan auditUnmodified (clean) audit opinion
AuditorMULLEN SCORPIO CERILLI
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,090
Total administrative$1,090
The Dr. Day Care, Inc. 401(k) match · 2022
Employer contribution per active participant$698
Median for plans this size$331

Dr. Day Care, Inc.'s 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,090 · 0.12%
Similar plansHealth Care & Social Assistance · Rhode Island
Home Care Advantage, Inc. RI$1.8M · 0.04%
Codac, Inc. RI$1.4M · 0.42%
Joy Home Care, Inc. RI$757K · 0.39%
Northeast Behavioral RI$665K · 3.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203000107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.