Plan Ledger DOL Form 5500 · updated monthly

Lifespan Corporation403(b)

LIFESPAN CORPORATION 403(B)RETIREMENT PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.07%

Lifespan Corporation reported $905,013 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. 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 0.15% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 8th-largest of 286 plans among Rhode Island employers on file, and the 148th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$1,268,353,675
Participants with balances7,722
Active participants8,630
Employer contributions—
Employee contributions$10,486,066
Employer contribution per active participant—
Average account balance$164,252
Benefits paid to participants$111,900,566
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3B · 7,722 accts
2023$1.2B · 8,863 accts
2022$1.0B · 9,283 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$425,191
Investment management$213,594
Total administrative$905,013
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 · 20245
FID INV INST OPS CO · Recordkeeping · Loan processing$382,297
TIAA-CREF · Recordkeeping · Loan processing$5,173
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$213,594
RESOURCES INVESTMENT ADVISORS, LLC · Consulting · Investment advisory (plan)$62,345
NIXON PEABODY LLP · Legal$53,792

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

Recordkeeper by year2
2024Fidelity, TIAA
2023Fidelity, TIAA

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

Administrative cost history3
2024$905,013 · 0.07%
2023$1,115,931 · 0.10%
2022$1,725,161 · 0.15%
All plans at this employer2
LIFESPAN CORPORATION 403(B)RETIREMENT PLAN403(b)
LIFESPAN 401(K) RETIREMENT SAVINGS PLAN401(k)
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Lee Health System, Inc. FL$1.3B · 0.01%
Nuvance Health CT$1.2B · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 222861978 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.