Plan Ledger DOL Form 5500 · updated monthly

Meeting Street403(b)

MEETING STREET RETIREMENT PLAN · PROVIDENCE, RI · plan year 2025

Reported admin expense ratio · 2025
0.27%

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

Meeting Street reported $71,198 in plan administrative expenses for 2025: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,478 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 fell from 0.38% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 97th-largest of 286 plans among Rhode Island employers on file, and the 2,910th of 11,911 in health care & social assistance. In 2025, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,130,249
Participants with balances485
Active participants277
Employer contributions$686,511
Employee contributions$981,013
Employer contribution per active participant$2,478
Average account balance$58,001
Benefits paid to participants$1,500,841
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$28.1M · 485 accts · $687K emplr
2024$23.7M · 482 accts · $592K emplr
2023$22.0M · 483 accts · $638K emplr
2022$18.3M · 558 accts · $418K emplr
Employer contributions to the Meeting Street plan · 2025
Employer contribution per active participant$2,478
Median for plans this size$2,666
2025$2,478 per active participant
2024$2,108 per active participant
2023$2,337 per active participant
2022$1,384 per active participant

Meeting Street's 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$37,500
CAPITAL GROUP RETIREMENT PLAN SERV$35,351
THE ANGELL PENSION GROUP INC · Contract administrator$8,558

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

Administrative cost history4
2025$71,198 · 0.27%
2024$79,874 · 0.35%
2023$75,468 · 0.37%
2022$73,829 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Thundermist Health Center RI$52.9M · 0.03%
Health Concepts, LTD RI$43.3M · 0.38%
Hopehealth RI$39.8M · 0.26%
Perspectives Corporation RI$27.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050269232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.