Plan Ledger DOL Form 5500 · updated monthly

Pace Organization of Rhode Island403(b)

PACE ORGANIZATION OF RI 403(B) PLAN · RIVERSIDE, RI · plan year 2022

Reported admin expense ratio · 2022
0.54%

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

Pace Organization of Rhode Island reported $29,604 in plan administrative expenses for 2022: 0.54% of average plan assets, above the peer median. Employer contributions averaged $554 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 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Rhode Island (227th of 286), and 4,456th of 4,798 in finance & insurance. In 2022, employees put in $5.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,895,289
Participants with balances96
Active participants171
Employer contributions$94,705
Employee contributions$487,263
Employer contribution per active participant$554
Average account balance$50,993
Benefits paid to participants$1,084,497
Plan auditUnmodified (clean) audit opinion
AuditorMARCUM, LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,604
Total administrative$29,604
Employer contributions to the Pace Organization of Rhode Island plan · 2022
Employer contribution per active participant$554
Median for plans this size$1,114

Pace Organization of Rhode Island's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$29,604 · 0.54%
Same employer
Similar plansFinance & Insurance · Rhode Island
The Peoples Credit Union RI$14.8M · 0.30%
Moneycorp US Inc. RI$7.7M · 0.29%
Dma Claims, Inc. CA$4.9M · 0.53%
Dfo Management, LLC NY$4.9M · 0.00%
Wolfe Financial Inc NC$4.9M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300297335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.