Plan Ledger DOL Form 5500 · updated monthly

J. Arthur Trudeau Memorial CenDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF J. ARTHUR TRUDEAU MEMORIAL CENTER · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

J. Arthur Trudeau Memorial Cen reported $40,359 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,458 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 0.06% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (157th of 286), and the 4,952nd of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 413 to 333 since 2022.

Plan summary
Net assets, end of year$12,812,683
Participants with balances544
Active participants333
Employer contributions$485,404
Employee contributions$849,065
Employer contribution per active participant$1,458
Average account balance$23,553
Benefits paid to participants$1,395,104
Plan auditUnmodified (clean) audit opinion
AuditorSANSIVERI, BIMBALL & CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.8M · 544 accts · $485K emplr
2023$11.8M · 514 accts · $317K emplr
2022$10.5M · 504 accts · $341K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,940
Total administrative$40,359
Employer contributions to the J. Arthur Trudeau Memorial Cen plan · 2024
Employer contribution per active participant$1,458
Median for plans this size$2,416
2024$1,458 per active participant
2023$679 per active participant
2022$826 per active participant

J. Arthur Trudeau Memorial Cen's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
EDELMAN FINANCIAL ENGINES, LLC · Contract administrator · Recordkeeping$35,940

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

Recordkeeper by year2
2024EDELMAN FINANCIAL ENGINES, LLC
2023Mutual of America

This plan has changed recordkeepers within these filings. If you left J. Arthur Trudeau Memorial Cen before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,359 · 0.33%
2023$3,437 · 0.03%
2022$6,813 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Refocus, Inc. RI$13.7M · 0.03%
Crossroads Rhode Island RI$10.1M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050310093 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.