Plan Ledger DOL Form 5500 · updated monthly

Riverside Community Care, Inc.403(b)

RIVERSIDE COMMUNITY CARE, INC. 403(B) PLAN · DEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Riverside Community Care, Inc. reported $120,965 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $275 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 0.57% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,147th-largest of 2,726 plans among Massachusetts employers on file, and the 3,225th of 11,911 in health care & social assistance. In 2024, employees put in $7.06 for every $1.00 the employer contributed; active participation has grown from 1,441 to 1,612 since 2022.

Plan summary
Net assets, end of year$24,293,374
Participants with balances693
Active participants1,612
Employer contributions$444,031
Employee contributions$3,134,663
Employer contribution per active participant$275
Average account balance$35,055
Benefits paid to participants$2,076,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.3M · 693 accts · $444K emplr
2023$20.7M · 632 accts · $342K emplr
2022$16.6M · 509 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,926
Investment management$40,039
Total administrative$120,965
Employer contributions to the Riverside Community Care, Inc. plan · 2024
Employer contribution per active participant$275
Median for plans this size$2,416
2024$275 per active participant
2023$219 per active participant

Riverside Community Care, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$80,926
GALLAGHER BENEFIT SERVICES, INC. · Investment advisory (plan)$40,039

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$120,965 · 0.54%
2023$109,974 · 0.59%
2022$98,507 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Wingate Healthcare, Inc. MA$25.0M · 0.67%
Element Care, Inc. MA$24.7M · 0.35%
Care Dimensions, Inc. MA$23.9M · 0.53%
Pointe Group Care, LLC MA$23.6M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043097170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.