Plan Ledger DOL Form 5500 · updated monthly

H & T Medicals, IncorporatedProfit-sharing plan

H & T MEDICALS, INCORPORATED RETIREMENT PLAN · CRANSTON, RI · plan year 2021

Reported admin expense ratio · 2021
0.93%

H & T Medicals, Incorporated reported $14,086 in plan administrative expenses for 2021: 0.93% of average plan assets, higher than ~75% of peers. 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 4 years on file its reported administrative ratio rose from 1.10% to 1.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (271st of 286), and 10,439th of 11,911 in health care & social assistance. active participation has shrunk from 116 to 80 since 2019.

Plan summary
Net assets, end of year$1,537,400
Participants with balances118
Active participants80
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$13,029
Benefits paid to participants$69,660
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM , LLP
Plan history5
Yearassets · accounts · employer contribution
2023$1.3M · 79 accts
2022$1.2M · 104 accts
2021$1.5M · 118 accts
2020$1.5M · 146 accts · $99K emplr
2019$1.4M · 115 accts · $98K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$14,086
Total administrative$14,086
What these fees cost you

Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history5
2023$21,929 · 1.75%
2022$12,360 · 0.89%
2021$14,086 · 0.93%
2020$10,908 · 0.77%
2019$13,683 · 1.10%
Similar plansHealth Care & Social Assistance · Rhode Island
Home Care Advantage, Inc. RI$1.8M · 0.04%
Codac, Inc. RI$1.4M · 0.42%
Dr. Day Care, Inc. RI$908K · 0.12%
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 050456234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.