Plan Ledger DOL Form 5500 · updated monthly

Moneycorp US Inc.401(k)

MONEYCORP US INC. 401(K) PLAN · PROVIDENCE, RI · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Moneycorp US Inc. reported $19,866 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $4,773 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Rhode Island (189th of 286), and 4,206th of 4,798 in finance & insurance. In 2024, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,674,401
Participants with balances139
Active participants80
Employer contributions$381,848
Employee contributions$805,902
Employer contribution per active participant$4,773
Average account balance$55,212
Benefits paid to participants$529,138
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,101
Investment management$16,765
Total administrative$19,866
The Moneycorp US Inc. 401(k) match · 2024
Employer contribution per active participant$4,773
Median for plans this size$1,313

Moneycorp US Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20243
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$16,765
ADP, INC. · Loan processing · Recordkeeping$3,101
ADP BROKER-DEALERindirect comp

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

Administrative cost history1
2024$19,866 · 0.29%
Similar plansFinance & Insurance · Rhode Island
Centreville Savings Bank RI$31.9M · 0.45%
The Peoples Credit Union RI$14.8M · 0.30%
Stone Bank AR$7.7M · 0.09%
First Community Bank TX$7.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043340742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.