Plan Ledger DOL Form 5500 · updated monthly

James L. Maher CenterDC plan

403(B) THRIFT PLAN FOR EMPLOYEES OF JAMES L. MAHER CENTER · MIDDLETOWN, RI · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

James L. Maher Center reported $5,404 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $142 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 3 years on file its reported administrative ratio has held roughly steady near 0.093%. 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 (213th of 286), and 7,410th of 11,911 in health care & social assistance. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has grown from 257 to 324 since 2022.

Plan summary
Net assets, end of year$5,903,954
Participants with balances269
Active participants324
Employer contributions$46,112
Employee contributions$165,054
Employer contribution per active participant$142
Average account balance$21,948
Benefits paid to participants$680,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 269 accts · $46K emplr
2023$5.8M · 361 accts · $47K emplr
2022$5.2M · 378 accts · $50K emplr
Employer contributions to the James L. Maher Center plan · 2024
Employer contribution per active participant$142
Median for plans this size$1,313
2024$142 per active participant
2023$168 per active participant
2022$195 per active participant

James L. Maher Center's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$6,782

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$5,404 · 0.09%
2023$2,432 · 0.04%
2022$5,078 · 0.09%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Hopehealth Visiting Nurse RI$6.7M · 0.26%
Woonsocket Health Centre RI$5.6M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050312798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.