Plan Ledger DOL Form 5500 · updated monthly

Edesia, Inc.403(b)

EDESIA INC. RETIREMENT SAVINGS PLAN · NORTH KINGSTOWN, RI · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Edesia, Inc. reported $19,779 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,646 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 0.05% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (176th of 286), and 6,025th of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 126 to 147 since 2022.

Plan summary
Net assets, end of year$9,105,186
Participants with balances166
Active participants147
Employer contributions$388,956
Employee contributions$660,053
Employer contribution per active participant$2,646
Average account balance$54,851
Benefits paid to participants$373,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 166 accts · $389K emplr
2023$7.4M · 180 accts · $336K emplr
2022$6.4M · 147 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,779
Total administrative$19,779
Employer contributions to the Edesia, Inc. plan · 2024
Employer contribution per active participant$2,646
Median for plans this size$1,313
2024$2,646 per active participant
2023$2,125 per active participant
2022$2,049 per active participant

Edesia, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS · Recordkeeping · Loan processing$7,368
OSAIC WEALTH INC · Investment management$12,396

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$19,779 · 0.24%
2023$5,089 · 0.07%
2022$3,674 · 0.05%
Similar plansHealth Care & Social Assistance · Rhode Island
Crossroads Rhode Island RI$10.1M · 0.63%
Accesspoint Ri RI$8.8M · 0.37%
Plum Dental Group, L.L.C. RI$8.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260359866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.