Plan Ledger DOL Form 5500 · updated monthly

Phoenix Houses of New England, Inc.Profit-sharing plan

PHOENIX HOUSES OF NEW ENGLAND, INC. 403(B) PLAN · PROVIDENCE, RI · plan year 2023

Reported admin expense ratio · 2023
7.98%

Phoenix Houses of New England, Inc. reported $91,054 in plan administrative expenses for 2023: 7.98% of average plan assets, higher than ~90% of peers. 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 22,307 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Rhode Island (285th of 286), and 3,338th of 3,341 in other services.

Plan summary
Net assets, end of year$1,538
Participants with balances3
Active participants0
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$513
Benefits paid to participants$2,479,597
Plan auditUnmodified (clean) audit opinion
AuditorSANSIVERI, KIMBALL & CO., LLP
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,780
Investment management$23,553
Total administrative$91,054
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
SANSIVERI KIMBALL AND CO LLP$23,553
GLOBAL RETIREMENT PARTNERS LLCindirect comp
ANGELL PENSION GROUP · Other servicesindirect 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
2023$91,054 · 7.98%
Similar plansOther Services · Rhode Island
Looking Upwards, Inc. RI$9.1M · 0.67%
Frank Olean Center, Inc. RI$1.6M · 0.07%
Elmwood Home Care Inc RI$638K · 1.41%
P D Q Inc IN$8K · 2.31%
The Mane Ritual NJ$2K · 0.62%
Gg Enterprises CA$2K · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050315626 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.