Plan Ledger DOL Form 5500 · updated monthly

Plum Dental Group, L.L.C.401(k)

PLUM DENTAL GROUP, L.L.C. 401(K) PROFIT SHARING PLAN · NORTH KINGSTOWN, RI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Plum Dental Group, L.L.C. reported $37,810 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,095 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 2 years on file its reported administrative ratio fell from 0.72% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (185th of 286), and 6,361st of 11,911 in health care & social assistance. In 2024, employees put in $2.74 for every $1.00 the employer contributed; active participation has grown from 184 to 264 since 2022.

Plan summary
Net assets, end of year$8,214,370
Participants with balances183
Active participants264
Employer contributions$288,995
Employee contributions$791,298
Employer contribution per active participant$1,095
Average account balance$44,887
Benefits paid to participants$514,985
Plan auditUnmodified (clean) audit opinion
AuditorSRC CERTIFIED PUBLIC ACCOUNTANTS PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 183 accts · $289K emplr
2023$6.5M · 162 accts · $242K emplr
2022$4.9M · 138 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,535
Total administrative$37,810
The Plum Dental Group, L.L.C. 401(k) match · 2024
Employer contribution per active participant$1,095
Median for plans this size$1,313
2024$1,095 per active participant
2023$1,083 per active participant
2022$907 per active participant

Plum Dental Group, L.L.C.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ESSEX FINANCIAL SERVICES INC. · Investment advisory (plan)$18,257

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

Administrative cost history3
2024$37,810 · 0.51%
2023$45,123 · 0.79%
2022$36,859 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Rhode Island
Edesia, Inc. RI$9.1M · 0.24%
Accesspoint Ri RI$8.8M · 0.37%
Nursing Placement Inc. RI$7.5M · 0.80%
Avatar Residential, Inc. RI$7.3M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821566002 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.