Plan Ledger DOL Form 5500 · updated monthly

Kent County Visiting Nurse Association403(b)

VNA OF CARE NEW ENGLAND 403(B) PLAN · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Kent County Visiting Nurse Association reported $17,154 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,826 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.

Across the 2 years on file its reported administrative ratio fell from 0.13% to 0.11%. 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 the 136th-largest of 286 plans among Rhode Island employers on file, and the 4,198th of 11,911 in health care & social assistance. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 156 to 177 since 2022.

Plan summary
Net assets, end of year$16,540,323
Participants with balances303
Active participants177
Employer contributions$500,251
Employee contributions$607,566
Employer contribution per active participant$2,826
Average account balance$54,589
Benefits paid to participants$687,440
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 303 accts · $500K emplr
2023$14.5M · 293 accts · $507K emplr
2022$12.3M · 289 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,154
Total administrative$17,154
Employer contributions to the Kent County Visiting Nurse Association plan · 2024
Employer contribution per active participant$2,826
Median for plans this size$2,416
2024$2,826 per active participant
2023$2,880 per active participant
2022$3,325 per active participant

Kent County Visiting Nurse Association's 2024 employer contribution ran above 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
VALIC RETIREMENT SERVICES COMPANY · Loan processing$17,154

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

Administrative cost history3
2024$17,154 · 0.11%
2023$17,461 · 0.13%
2022$18,093 · 0.13%
Similar plansHealth Care & Social Assistance · Rhode Island
Groden Center, Inc. RI$18.8M · 0.06%
Saint Elizabeth Community RI$15.5M · 1.03%
C.H.I.L.D., Inc. RI$15.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050242659 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.