EXPRESSIONS PROFIT SHARING PLAN · WOONSOCKET, RI · plan year 2022
Reported admin expense ratio · 2022
0.45%
Quarles II, Inc. reported $13,946 in plan administrative expenses for 2022: 0.45% of average plan assets, below the peer median. 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 4 years on file its reported administrative ratio rose from 0.17% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Rhode Island (255th of 286), and 4,405th of 5,215 in retail trade.
Plan summary
Net assets, end of year$2,812,593
Participants with balances485
Active participants0
Employer contributions$37,503
Employee contributions—
Employer contribution per active participant—
Average account balance$5,799
Benefits paid to participants$347,586
Plan auditUnmodified (clean) audit opinion
AuditorTEAL, BECKER & CHIARAMONTE, CPAS PC
Plan history8
Yearassets · accounts · employer contribution
2024$0
2023$994K · 442 accts · $4K emplr
2022$2.8M · 485 accts · $38K emplr
2019$2.6M · 381 accts
2018$2.6M · 386 accts · $274K emplr
2017$2.5M · 346 accts · $270K emplr
2016$2.2M · 275 accts · $249K emplr
2015$2.0M · 278 accts · $260K emplr
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 043060060 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.