Plan Ledger DOL Form 5500 · updated monthly

Hinckley, Allen & Snyder LLP401(k)

HINCKLEY, ALLEN & SNYDER LLP RETIREMENT SAVINGS PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Hinckley, Allen & Snyder LLP reported $82,169 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,724 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 fell from 0.053% to 0.049%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 28th-largest of 286 plans among Rhode Island employers on file, and the 903rd of 11,654 in professional & technical services. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$177,551,764
Participants with balances424
Active participants365
Employer contributions$3,914,290
Employee contributions$3,954,051
Employer contribution per active participant$10,724
Average account balance$418,754
Benefits paid to participants$11,922,597
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$177.6M · 424 accts · $3.9M emplr
2023$160.4M · 423 accts · $3.6M emplr
2022$139.8M · 425 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,263
Total administrative$82,169
The Hinckley, Allen & Snyder LLP 401(k) match · 2024
Employer contribution per active participant$10,724
Median for plans this size$3,635
2024$10,724 per active participant
2023$10,696 per active participant
2022$9,330 per active participant

Hinckley, Allen & Snyder LLP's 2024 employer contribution ran above the $3,635 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$22,263
GLOBAL RETIREMENT PARTNERS, LLC · Consulting$60,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$82,169 · 0.05%
2023$81,651 · 0.05%
2022$82,157 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Rhode Island
Igt RI$1.4B · 0.05%
Aaa Northeast RI$358.2M · 0.04%
Seacorp, LLC RI$147.5M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050262309 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.