Plan Ledger DOL Form 5500 · updated monthly

Hopehealth Visiting Nurse403(b)

HOPEHEALTH VISITING NURSE RETIREMENT PLAN · PROVIDENCE, RI · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Hopehealth Visiting Nurse reported $19,024 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $826 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (206th of 286), and 7,017th of 11,911 in health care & social assistance. In 2022, employees put in $5.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,692,682
Participants with balances151
Active participants76
Employer contributions$62,778
Employee contributions$330,294
Employer contribution per active participant$826
Average account balance$44,322
Benefits paid to participants$681,885
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $43K emplr
2022$6.7M · 151 accts · $63K emplr
Employer contributions to the Hopehealth Visiting Nurse plan · 2022
Employer contribution per active participant$826
Median for plans this size$1,114

Hopehealth Visiting Nurse's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$19,024 · 0.26%
Similar plansHealth Care & Social Assistance · Rhode Island
Avatar Residential, Inc. RI$7.3M · 0.05%
James L. Maher Center RI$5.9M · 0.09%
Woonsocket Health Centre RI$5.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050259111 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.